Pandemic-era eviction postponements and federal assistance programs have expired, leaving renters vulnerable to the eviction filings that have dramatically increased nationwide. As wages can’t keep up with higher housing prices, landlords make the ultimate decision on whether to evict, oftentimes at a human cost. NBC News’ Valerie Castro reports.
Where I live, you can only (legally) increase rent by something like 4% per year. But if the price increase is within the legal limit, and the tenant doesn’t want to (or can’t) pay the new price, they either willingly move or are forcibly removed from the premises when they don’t pay.
So like $2000 a month for 12 months, which was what I paid on 2018.
My one shitty apartment complex absolutely said that if we don’t file a renewal for $3000/month, we’ll automatically be paying month to month at $4200/month.
If the contract is up, is there a limit or can you increase at much as you can ?
Can you refuse to renew, envic the tenant , then put up higher price ?
If you refuse to renew, then you’ll be put into the month-to-month. Which is a encouragement to just leave.
That clause is also on your lease when you initially sign. The cost of month to month is often not listed, but says something like “market rates”. It’s always unfavorable.
What you’re describing is often called “Rent Control” and it is something liberal politicians from New York to California have crusaded against for decades, on the grounds that it prevented new residential housing space from being built.
Incidentally, there is no recognized correlation between rent control as a policy and diminished housing starts.
Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is where rental housers and suppliers come together to help meet America’s housing needs
Literally quoting the nation’s biggest renter lobby to call me a liar? Okay.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !aboringdystopia@lemmy.world
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
–Be a Decent Human Being
–Posting news articles: include the source name and exact title from article in your post title
Just curious, can you raise the rent and evic if tenant don’t agree to pay new price ?
It probably depends on your location.
Where I live, you can only (legally) increase rent by something like 4% per year. But if the price increase is within the legal limit, and the tenant doesn’t want to (or can’t) pay the new price, they either willingly move or are forcibly removed from the premises when they don’t pay.
Guess how investment companies empty out retirement communities so they can build condos in Florida.
Also, that’s the basis for laws on rent control. Which in Florida, is more of a suggestion than a law.
You can’t do it during the lease, but when the lease is up, sure. Unless there are regulations in place preventing how high they can hike the rate.
Your rental contract states a certain amount.
So like $2000 a month for 12 months, which was what I paid on 2018.
My one shitty apartment complex absolutely said that if we don’t file a renewal for $3000/month, we’ll automatically be paying month to month at $4200/month.
If the contract is up, is there a limit or can you increase at much as you can ? Can you refuse to renew, envic the tenant , then put up higher price ?
If you refuse to renew, then you’ll be put into the month-to-month. Which is a encouragement to just leave.
That clause is also on your lease when you initially sign. The cost of month to month is often not listed, but says something like “market rates”. It’s always unfavorable.
What you’re describing is often called “Rent Control” and it is something liberal politicians from New York to California have crusaded against for decades, on the grounds that it prevented new residential housing space from being built.
Incidentally, there is no recognized correlation between rent control as a policy and diminished housing starts.
Why would you lie about something so easily disprovable?
https://www.nmhc.org/news/articles/the-high-cost-of-rent-control/
Literally quoting the nation’s biggest renter lobby to call me a liar? Okay.