Quote:
Originally Posted by Ultrarunner
How can anyone serious propose controlling rents without controlling expenses?
Taxes go up 2% every year plus the voters add all kinds of special assessments that get tacked on.
Waste Management provides less service but rate go up every year and city water/sewer have had huge spikes...
Cost of maintenance keeps going up... just had new roof on a duplex that was 22k and the cost was high as city no longer allows shake.
Wages in my city are phased to hit $15 with mandatory sick leave...
Yet... Housing Providers are limited to a 1 to 2% annual increase?
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So who is pocketing these increases if wages are not going up? That seems to be the question of the day.