this post was submitted on 02 Apr 2024
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A Boring Dystopia
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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 ?
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.