Friday, June 27, 2008

Can I Get an Amen?

Today, I was browsing through the rental listings for Craigslist, when I happened across this headline:

$3000 / 3br - Rental listings over $2000 on Craigslist (Pipe Dream USA)

Well, I had to click on it. Wouldn't you? And here is the ad (I am quoting the entire thing because it is just too beautiful):

Would all the people trying to rent houses that they can not afford the mortgages on, please REALIZE that this is a free listing service. We, the readers of, hereby say to you, we can't afford your inflated house either!

Give it up. Walk away. You're underwater and noONE wants to rent your 'fabulous' house for more than 25% of their earnings. You really want to rent your property? Try setting a realistic rental price that someone making an average income in LA can keep up with (48K in 2005). Otherwise, list it somewhere else.


And to you, Anonymous Craigslist poster, sir or ma'am, I say preach on! I think I love you. You win Cranky Crackpot of the Week, and a year's supply of toilet paper!


Los Angelista said...

I second that amen! I was poking around on there today and was just horrified by how much folks are trying to charge for some of these houses in Silver Lake/Los Feliz/Echo Park. It's pretty ridiculous. Guess we'll be chillin' in our little rent controlled apt. for a while longer.

Lisa Blah Blah said...

Rents are coming down elsewhere in the Southland. I guess we just have to grit our teeth and wait!