I have been a great tenant for almost 16 years. The landlord (now in property management) is not the greatest, & maintenance is kept @ a bare minimum. No upgrades, or remodeling of any kind. I never complained, because I didn't want the rent raised. Then 5 years ago they started raising the rent every year. At least 10% every year.
This year they have raised the rent $720.00!!!!! Yes, that is a per month increase. I am a single parent & in no way can afford that.
Does anyone know if that kind of an increase is legal? I was hoping they would wait for just 1 more year, when my last kid graduates from Paly. But no...... Absolutely no consideration for our years as great tenants. Let alone my financial situation.
And in case anyone is wondering: Yes, I have been on the Palo Alto BMR waiting list to buy a condo for almost the entire time. If you have not been paying attention to the papers, the only new housing available is for VERY LOW income families; minimum wage only. There has been almost nothing for the working low-middle, upper-low income groups.
Thanks, in advance.