I did not call landlords "greedy". I simply pointed out that rent prices have increased rapidly and this presents one more obstacle to a young man or woman just starting out.
I would add that it is quite common today for rental apartments to require a first, last and a security deposit today so basically 3 times one month rent must be paid in cash prior to being approved for a lease. It didn't use to be this way...it was often first and last. In fact, it was often first and a few hundred dollars.
Again, I am not saying this makes a landlord "greedy", and I can appreciate why a property owner wishes to protect themselves in a rental situation; however, this does make it more difficult for a young person to move into an apartment.
Another example is that apartment managers require a high credit score today from prospective tenants and many young people have no credit history so cannot pass the rental applicant background check. A background check which typically costs the applicant atleast a $50 application/processing fee. Non-refundable. That was not the norm even 20 years ago.
Many retirees that I know have pulled their money out of the stock market and bought rental properties in fast growing areas like the Front Range of Colorado. They now find themselves owning rental properties. Nothing against them but when investors are buying 2 and 3 homes for cash then they are removing those homes from the market and those homes are no longer available to young couples or families just getting started in life and hoping to buy their first home.
These are not excuses. They are simple facts. They are all contributing factors as to why a young person today might be living at their parents' home with the goal of saving money or knocking down their student loan debt.
Sorry, the original poster was just blaming greedy landlords. Not really sure that's a legit point. I also do apartment rentals and own rental property so I'm well aware of the business. All those factors you mentioned are just legitimate methods to end up with good tenants. Landlords are free to set whatever terms the law will allow. If they're too restrictive, then it doesn't get rent. It's just supply and demand. If someone feels that an apartment is priced too high, then it's really because they can't afford it, not that the landlord is greedy.