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Old 05-29-2015, 06:25 AM
 
41 posts, read 59,792 times
Reputation: 66

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Went to renew my lease and my rent went up $250 per month

Now it time to look elsewhere I'm moving, San Antonio jobs don't even pay that well!

your lucky to make $13 an hour here..Lot's of discrimination also..

my 2 bedroom went from $850 to $1100

Ed
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Old 05-29-2015, 06:49 AM
 
Location: San Antonio
4,422 posts, read 6,220,031 times
Reputation: 5429
Quote:
Originally Posted by bat1 View Post
Went to renew my lease and my rent went up $250 per month

Now it time to look elsewhere I'm moving, San Antonio jobs don't even pay that well!

your lucky to make $13 an hour here..Lot's of discrimination also..

my 2 bedroom went from $850 to $1100

Ed
Discrimination? How so?
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Old 05-29-2015, 07:01 AM
 
14,637 posts, read 34,902,336 times
Reputation: 6683
Have you tried talking to the leasing office? A $250 increase sounds pretty unreasonable. We're going to rent for a year in San Antonio, though, and I agree, rents have gone way up. I didn't see a lot of specials, either, like there used to be. Supply/Demand on display.
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Old 05-29-2015, 07:59 AM
 
Location: Boerne, Texas
318 posts, read 566,980 times
Reputation: 261
Quote:
Originally Posted by bat1 View Post
Went to renew my lease and my rent went up $250 per month

Now it time to look elsewhere I'm moving, San Antonio jobs don't even pay that well!

your lucky to make $13 an hour here..Lot's of discrimination also..

my 2 bedroom went from $850 to $1100

Ed
That's a 29% increase, which is ridiculous. Rents are up 4%-7% over last year depending where you are and the type of rental unit. My guess is that you had some rent concessions amortized into your rental rate and that has now gone away plus a bit of an increase. If not, you should look elsewhere since that is way out of line with the overall market.
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Old 05-29-2015, 11:32 AM
 
41 posts, read 59,792 times
Reputation: 66
New owners took over and are greedy

Hate to see what rent will be like in 5 years from now
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Old 05-29-2015, 11:50 AM
 
7,005 posts, read 12,421,194 times
Reputation: 5478
Okay. New owners wanted to raise the rent at your place. What does that have to do with the rest of San Antonio? Rent has been going up all over the city, but not by that much.
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Old 05-29-2015, 12:58 PM
 
Location: Austin, TX via San Antonio, TX
9,843 posts, read 13,595,128 times
Reputation: 5701
There are quite a few older complexes that are getting flipped by property companies. I live in one that was probably around $550 at one point and renovated I pay $665. Yes, it's an increase, but worth the renovations. I would never have considered it without the changes. While change may hurt some it's business.
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Old 05-29-2015, 06:00 PM
 
Location: San Antonio, Tx
8,238 posts, read 10,676,737 times
Reputation: 10216
Quote:
Originally Posted by ashbeeigh View Post
There are quite a few older complexes that are getting flipped by property companies.
Complexes get flipped regularly. I was actually surprised how many times you see/hear about new management and see name changes.
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Old 05-29-2015, 07:11 PM
 
Location: San Antonio
231 posts, read 377,142 times
Reputation: 320
Didn't see if you stated where you lived but in AHISD, houses rent for $1 per square foot and up, as high as $2. So a 1400 sq, 2 bed 1 bath would run $1400 and up in that area.
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Old 06-01-2015, 12:08 AM
 
Location: my Mind Palace
658 posts, read 715,402 times
Reputation: 1777
When I first moved to SA in Dec 1999 I rented a 2/2, 1037 square feet in North Central not too far inside 1604 for $662.50.
It was a really nice apartment, the complex had been built in 1986 so only 13 years old.

Complexes in North Central are way more decrepit now through years of neglect and shoddy maintenance. They are demanding 900, 1000, 1100 for these catastrophes. I see them all along Blanco with new coats of paint and new names.

Interesting how anyone can actually afford to live in these slums. Any nice apartments are now outside 1604 and will start around 1200. Unconscionable, honestly. What job in SA pays that well for the average working family? These prices are WAY higher than my mortgage in Canada and that's saying a lot. Canada is very expensive. I don't know where slumlords get off charging these prices. The market my backside. The "market" is simply a very greedy owner.
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