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.
Just curious, can you raise the rent and evic if tenant don’t agree to pay new price ?
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 ?
This varies by state and sometimes by city. California, for example, has a limit of 10% or 5% + change in COL, whichever is lower, per 12 months. This only applies to renewals. And there’s a carve-out for single family home rentals.
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/
Lmao, what kind of organization is that? Either your working for them, or you have been played. Give another source than some organization that nobody has heard of and lobbies against renters rights.
Naa merged with nmhc according to Wikipedia
Literally quoting the nation’s biggest renter lobby to call me a liar? Okay.
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.
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.
That’s literally what they do. Every single landlord I’ve had has been the equivalent fusion of Mr. Krabs and Plankton.
A few apartments ago, the pipes sprung a leak and destroyed my living room wall. The landlord ignored it for two months. They would answer my phone and immediately hang up. I notified the city, who sent a health inspector that took one look at the black mold and said the LL had to fix it. They “complied” by slapping a new coat of paint on the wall. When I got my renewal later that year, they raised my rent from $1800 to almost $4000.
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.
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.