Rent going to 4K, my family is crumbling, I am fucked!

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Rent going to 4K, my family is crumbling, I am fucked!

2015 Jun 21, 5:52am 39,430 views 66 comments

Recently, someone bought my rental and informed me the rent is going to 3,800K. Ive looked at comparable rents and there is nothing in this school district for less than that. And you can forget about buying. Places like the one I sold are going for 200K more than what they were in 2008. This didnâ€™t seem like a problem when we had a 1 year old. Now we have 2 ages 5 & 7. For years my wife fretted we would have to move to the shitty school district but I promised her that wouldnâ€™t happen â€“ the bust would be long over, we would buy at the bottom and be happy again.

She trusted me and my judgement of what is best for our family. If we have to move, her worst fear is realized. She will have lost all confidence in my judgement and I have compromised my kids education. After a few years away, I come back to the bubble sites for consolation and no one is left â€“ all the wise voices who told me to wait are long gone. I waited for FUCKING YEARS and NOW I AM LOSING EVERYTHING â€“ HOW IS THIS POSSIBLE!?!?!?!

#Housing

Comments 1 - 18 of 66 Next » Last » Search these comments

Waitup @ 2015 Jun 21, 6:06am

All I can say is refer to my avatar!

2 anonymous 2015 Jun 21, 6:13am

and I have compromised my kids education

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At ages 5 & 7, when do you see this beginning to effect them? Surely any old American public school can babysit, and get the kiddos hooked on junkfood, just the same as the next, while teaching them the alphabet and simple arithmetic.

Unless its just a long winded way to say that you feel your failing them in the "good school" department, because now they will attend a school with blacks and mexicans

lostand confused @ 2015 Jun 21, 6:15am

Dude chill! I never understand this obsession with the good school district from women. Now one does not want to go to a gangsta school district, but otherwise a moderate school is just fine.

MAGA @ 2015 Jun 21, 7:36am

The best school district is a two parent family (Dad and Mom) who are actively involved in their kid's education.

As far as the bad (gangsta) school districts, let's clean them up! What ever happened to reform schools?

Strategist @ 2015 Jun 21, 7:51am

JasonM says

Rent going to 4K, my family is crumbling, I am fucked!

Moral of the story:
Don't gamble with your Castle. You could end up losing the Castle and the Queen.

komputodo @ 2015 Jun 21, 7:59am

lostand confused says

Dude chill! I never understand this obsession with the good school district from women.

It's all about bragging rights.

Strategist @ 2015 Jun 21, 8:07am

Call it Crazy says

jvolstad says

The best school district is a two parent family (Dad and Mom) who are actively involved in their kid's education.

Yep... Many young parents don't get that and "think" they need to be in a good school system for junior to get a good education. The fact is, it starts at home, the school system doesn't matter if the parents do their job raising the kid right and teaches the kids how to be responsible.

It's not the school's job to raise the kids and make them good students, it's the PARENTS!

Good education does start at home, but does not end there. Good teachers, and friends are also critical.

8 JasonM @ 2015 Jun 21, 10:14am

errc says

because now they will attend a school with blacks and mexicans

All I know is a high ESL rate is no bueno. Wife is an educator & has been involved with the kids education since day 1, as have I.

9 anonymous 2015 Jun 21, 1:14pm

you are not fucked. california's treatment of middle-class families with suburban values is. now is a wise time to leave the state.

10 watchman @ 2015 Jun 21, 1:20pm

It used to be against the law to raise rent by more than 10% a year. Probably still is...

komputodo @ 2015 Jun 21, 1:48pm

errc says

Unless its just a long winded way to say that you feel your failing them in the "good school" department, because now they will attend a school with blacks and mexicans

If your kids could learn a second language (which in my opinion is an accomplishment), would you want it to be spanish or ebonics?

Preguntales or axe dem.

FortWayne @ 2015 Jun 21, 1:58pm

Move to a better place where you can live comfortably.

You will never know how good life can be if you settle to a single overpriced location.

Ceffer @ 2015 Jun 21, 7:09pm

Flip or die in Cali. Only people who think Flipper was a movie about a dolphin wind up moving away.

MisdemeanorRebel @ 2015 Jun 21, 7:19pm

What Volstad said:

Study after study shows, it is Mom and Dad that is the #1 driver of good performance.

David9 @ 2015 Jun 21, 7:55pm

First, I think it is anybody's guess whether home prices in the boom areas will float, rise, or sink.

Am I the only one that noticed this time, in the boom areas, there were no auctions of homes that could be financed?
Remember the full page ads in the newspapers?
Even a transplant from Indiana here told me this !
If you could pay cash at any type of auction prior to 2012 or so, great, hundreds of thousands in profit was easy.

Didn't buy one of the few homes that was available at that time? I would not kill myself.
I have noticed many of those same homes are now rehabbed and being flipped, saying: 'Realtor Owned'

I think. The game was rigged.