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Old 04-17-2013, 07:17 PM
 
Location: San Francisco
2,279 posts, read 4,743,861 times
Reputation: 4026

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Quote:
Originally Posted by Forever Blue View Post
That's astronomical! Did you ever find out WHY so much?

I live in one of the most expensive cities in the country. 10+% annual rent increase aren't uncommon.
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Old 11-14-2013, 07:40 AM
 
1 posts, read 1,364 times
Reputation: 10
Tenants should start writing to congress and protest for some type of set percentage rate on all rental lease agreements. So there is some type of security for tenants. And allowing tenants to have knoweldge of these increases, so people aren't living in fear of the unknown. Contact political officials, write to the white house, contact major news and talk shows, post it on YOU TUBE.... The point is, get it out there, stand up and fight, or rent will just keep going up for current tenants and given out at a steal for prospective tenants. Closed mouths don't get fed, and if there are enough people inquiring on the same issue, it will be noticed. Otherwise, just don't even complain about something you aren't willing to fight for.
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Old 11-14-2013, 07:50 AM
 
912 posts, read 5,260,722 times
Reputation: 2089
Quote:
Originally Posted by bLaSTedRENT View Post
Tenants should start writing to congress and protest for some type of set percentage rate on all rental lease agreements. So there is some type of security for tenants. And allowing tenants to have knoweldge of these increases, so people aren't living in fear of the unknown. Contact political officials, write to the white house, contact major news and talk shows, post it on YOU TUBE.... The point is, get it out there, stand up and fight, or rent will just keep going up for current tenants and given out at a steal for prospective tenants. Closed mouths don't get fed, and if there are enough people inquiring on the same issue, it will be noticed. Otherwise, just don't even complain about something you aren't willing to fight for.
OMG! WAKE UP SHEEPLE! ITS TIME TO REIGN IN THE BABY EATING LIZARD-RACE LANDLORD ELITES WHO CONTROL THE MEDIA, THE GOVERNMENT AND THE RENT!!

Quick, post to Facebook!
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Old 11-14-2013, 08:00 AM
 
Location: St Thomas, US Virgin Islands
24,665 posts, read 69,696,895 times
Reputation: 26727
Quote:
Originally Posted by bLaSTedRENT View Post
Tenants should start writing to congress and protest for some type of set percentage rate on all rental lease agreements. So there is some type of security for tenants. And allowing tenants to have knoweldge of these increases, so people aren't living in fear of the unknown. Contact political officials, write to the white house, contact major news and talk shows, post it on YOU TUBE.... The point is, get it out there, stand up and fight, or rent will just keep going up for current tenants and given out at a steal for prospective tenants. Closed mouths don't get fed, and if there are enough people inquiring on the same issue, it will be noticed. Otherwise, just don't even complain about something you aren't willing to fight for.
What a bunch of twaddle. If you're not happy with a rent increase then leave and find somewhere else to live. Personally I've either been extremely fortunate or just a wonderful tenant (hopefully a combination of both) as in 16 years I've rented three different places and my rent hasn't yet been increased. A good friend of mine lives close by and has lived in the same apartment for over 12 years and his rent hasn't increased either. Good landlords very much appreciate good tenants and the "right fit" isn't impossible to find.
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Old 11-14-2013, 09:05 AM
 
10,746 posts, read 26,018,824 times
Reputation: 16033
Quote:
Originally Posted by STT Resident View Post
What a bunch of twaddle. If you're not happy with a rent increase then leave and find somewhere else to live. Personally I've either been extremely fortunate or just a wonderful tenant (hopefully a combination of both) as in 16 years I've rented three different places and my rent hasn't yet been increased. A good friend of mine lives close by and has lived in the same apartment for over 12 years and his rent hasn't increased either. Good landlords very much appreciate good tenants and the "right fit" isn't impossible to find.

I agree! I've lived here for three yrs before there was an increase..and you know what? I didn't mind paying it because the new manager was cleaning house..(kicking out bad tenants, getting rid of incompetent staff, putting in new security measures)

Blastedrent:

If you can't afford the increase, you're more than welcome to find a place that is running a 'move special' and you can be that special tenant with the special pricing. I'm guessing you'll stay right where you are once you figure out how much it's going to cost to move and how long it will be to recoup that money.
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Old 11-14-2013, 09:09 AM
 
106,668 posts, read 108,810,853 times
Reputation: 80159
Quote:
Originally Posted by bLaSTedRENT View Post
Tenants should start writing to congress and protest for some type of set percentage rate on all rental lease agreements. So there is some type of security for tenants. And allowing tenants to have knoweldge of these increases, so people aren't living in fear of the unknown. Contact political officials, write to the white house, contact major news and talk shows, post it on YOU TUBE.... The point is, get it out there, stand up and fight, or rent will just keep going up for current tenants and given out at a steal for prospective tenants. Closed mouths don't get fed, and if there are enough people inquiring on the same issue, it will be noticed. Otherwise, just don't even complain about something you aren't willing to fight for.
As soon as they limit your income as well and every product we buy does the same I will agree.

landlords earn a living the same way you do. why should they not be entitled to a fair market income but you are?
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Old 11-14-2013, 09:57 AM
 
Location: North Idaho
32,647 posts, read 48,028,221 times
Reputation: 78427
Quote:
Originally Posted by bLaSTedRENT View Post
Tenants should start writing to congress and protest for some type of set percentage rate on all rental lease agreements. .................
If you would like to keep a rental on the same terms just like you own it, then I suggest you buy your own house and stop renting.

Then, oops, your taxes will go up every year, your sewer bill, water, bill, garbage collection, and insurance will go up every year. The city will be by to cite you if you collect garbage in your yard or don't mow the weeds.

What happens if you legally turn over control of the rentals to the tenants and do not allow landlords to have control over their own property, is that landlords get out of the rental business, thus creating a severe shortage of available rentals and driving the cost of rent way up. So think it through all the way before you demand it.
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Old 04-22-2014, 09:33 AM
 
5 posts, read 13,185 times
Reputation: 16
Default Rent increase

I don't get it, I have paid rent every time for 13 months, and it goes up by $75, on my renewal, which equals something like $750 for the lease term year. They had offered me a free month, and they said they could not this time, the rent raise was that month plus a 3% increase. Plus they told me that if I was a new tenant the costs would now be about $250 more. I can't believe the cost of living went up the much in one year. They have so many different number they crunch it is like they don't know what they are doing, and some land lord just lets them do what they want for fun. Is this common in the Los Angeles area?
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Old 04-22-2014, 10:41 AM
 
Location: Riverside Ca
22,146 posts, read 33,530,989 times
Reputation: 35437
Quote:
Originally Posted by FBJ View Post
After the second increase I was getting suspicious but it never happened again for another 4 years. I thought it was a indirect way of forcing me out

They probably have some algorithm on how much every unit should cash flow and you may of had a lower initial rent price, and they were simply bringing you up to what others were paying. And there may be costs you simply don't see and are not apparent to the naked eye. Maybe the vendors upped their fees or they had to pay more to the people who worked there or insurance went up and the cost of that is getting passed on to the tenants.

Hey my wife's son just got a letter with a 350 dollar rent increase a few months back. Seems that so many oeople moved out that the cash flow had to be made up somewhere. It could be something like that. More vacancies means someone has to pay more to make up for the vacancies. Could be something like that too.
My wife's son called me and asked what he could do. I said he could move. He did.
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Old 04-23-2014, 09:15 PM
 
Location: Pittsburgh
2 posts, read 2,125 times
Reputation: 10
Default Rent increase

The rent increase is usually 3-5% percent. A lot depends on the landlord, of course. In my experience, i've known some landlords who were able to sign a contract with a tenant who was willing to stay there for 5 years. Basically, the landlord is able to lock down the tenant in contract, provided that he does NOT increase the rent on the yearly basis.

Ask you landlord for the long term stay, like 3-5 years and see if he/she is willing to sign a contract in the likes stated above.

Thank you.
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