General Discussion
In reply to the discussion: The Rent is to damn high. [View all]Sympthsical
(9,069 posts)We have five bedrooms and use two (master and a home office). We currently have one tenant who is a friend of a friend who was facing homelessness. He works at the local Safeway down the street, so we charge $750 for a ground floor room that has an en suite bathroom/shower and a side entrance through the garage. He basically never has to see us.
We've been discussing renting out another of the bedrooms. It also has an en suite bathroom/shower. Maybe $1,000, as it's bigger and more privacy.
We don't need to rent out. Just like paying the house off, and it allows both of us to put more of our own money into our retirement.
We're in the Bay Area, so it's nice to give someone at least a little relief. Tiny one bedrooms start at $2,000 in my area. It's totally ridiculous. If it was just my partner and I, and we split the mortgage, I would be paying less than that for my entire house.
Companies and landlords are just being predatory in many cases, because they know they can get tech money for things.