The rents are high because of the increased costs to the landlord: taxes, garbage and water rates (when they are paid by landlord), insurance costs and the cost of labor to make repairs. Manna doesn't just fall from heaven you know. Banks give you no return on your savings in today's world so you are always robbing Peter to pay Paul, so to speak. Perhaps some landlords are greedy but most are just trying to cover their butts because owning investment property comes with increased risk today. Often tenants don't hold up their end of the bargain and want to create their own rules which often leads to trouble. They don't really 'GET IT" that they are merely paying for rented space that is not theirs. I'd say get over the prices folks, we live in a high priced and affluent area of the country. It's not like living in the Midwest or the South where rents are considerably lower. If you want lower rents move inland and out of CA. That's my take and I have been a landlord for over 30 years, and no, I'm not a slumlord nor am I in the upper income bracket.
"Black Panther" was especially endearing; a special reminder of growing up in the 50's. My 93 year old mother still has her black panther proudly displayed.
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