Daily Heights housing poll

qtrain

sebhavers wrote: i'd be very interested to see a survey on DH that showed the percentage of posters who rent stabilized units vs. market rate. don't see anything in the past threads.

My previous apartment was rent-stabilized, but my current one is market rate. With all the talk of rent-jacking, I'm starting to wonder if moving was a bad decision.

arielbl

Rent stabilized, but I paid a helluva brokers fee to get this place (13%). Then again, I was fleeing a bed bug ridden apartment in queens and needed to find a new place asap before the bedbugs came back (I had to pay for my own exterminator, who informed me that they were coming from my neighbors' apartment)

joshb

Yeah, no rent control or stabilization for us; we just don't ask our landlord to make oodles of repairs and pray he doesn't raise the rent more than a couple bucks. It's worked for four years!

11238

We bought our first condo in the PH in 2000. People thought we were nuts. We ended up selling it 2 years later at a 19% profit. We would probably have sold it today at a 30-40% profit.

We then bought a three story, two family federal brick in 2002. We thought we bought high but now brokers are quoting us double what we paid.

I hope to die in this house (and hopefully that will be a long time from now). :roll:

whyfi

arielbl wrote: ...I was fleeing a bed bug ridden apartment...

THAT is probably my biggest fear... *shudder* I've heard some horror stories...

vanilla

rent stabilization -- 2 years ago our rent was more than anyone else paid, now it's much less. still high in my opinion, but i don't know what we would do if we ever had to move again. i also hope we die in this place, like 11238, also in a long long time!!

alafairnadia

I was subletting a co-op. the owner wanted me to move so he could sell it, quoted me an absurdly below market price, so I bought it because I hate moving and if I ever pay off the HELOC, my mortgage will be below most rents in the area.

candicissima

We're in a rent stabilized place, but for my building, our rent is fairly expensive. I was looking around in the neighborhood before we resigned and realized we weren't doing bad at all. It's all about the way you're looking at it.