Landlord boosts rent from $1,800 to $8,000 overnight
Anyone who lives in a big city understands the stress that comes with lease renewal. It's a time when rent could potentially go up, and you have to decide if it's worth it to eat the cost or if it's time to find a new place to stay.
Some landlords take advantage of this and bump the rent up a couple hundred dollars a year.
Other landlords, like one in San Francisco, take "taking advantage" to the next level and raise the rent by more than four times the original cost.
The tenant's rent went from $1,800 a month to $8,000 a month!
The jump was more than alarming, and the man filed a complaint with the San Francisco Renters Board. They are set to rule whether the hike was justified.
Adding to the problem, the owner followed the rent hike with an eviction notice which is set to force the tenant out a few weeks before the board will be able to make a decision.
It may be a good idea for this man to move out regardless. If the landlord is going to be this difficult about rent prices, what will happen when the water heater needs to be fixed?
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