I think you may have answered the question yourself by stating the parameters of your 
situation.
There is indeed a shortage.  This means that there are other people just like you who 
may want that exact apartment.
People is business (e.g. landlords) are not in business to be nice.  They will charge 
what the market will bear.  Since there is indeed a shortage then there likely is 
someone in need slightly more than you and willing to pay...therefore, prices rise or 
at least remain at these levels.

As an aside, I have rented my entire life and just bought a house.  After being in the 
process I learned someone could buy a house for as little as $100 out of their pocket. 
 They may pay a higher rate and slightly higher feed embedded in the loan BUT you can 
do it and you are better off.  I wish I would have done it years ago.

If you can afford $600 in rent you can buy a house; it might not be in Linden Hills 
but it can be sone.  I wish I knew this years ago.  There are MANY MANY people who can 
afford the cash flow but not the down payment for a house and feel trapped because of 
that (I was one.)

Sorry for the aside, but it is a recent development for me and I feel like spreading 
the word.

Jason Sittko

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