MotorboatingSofaB t1_ja7rf9t wrote on February 27, 2023 at 2:01 PM

Reply to comment by cke1989 in Rent Increase by cke1989

5% increase isnt crazy

cke1989 OP t1_ja7rv0g wrote on February 27, 2023 at 2:05 PM

It's more frustrating that we aren't seeing any changes to the building. If I saw some sort of improvement I might be on board, but really it seems like the management company likes to turn and burn tenants. Many of my neighbors have moved in the last two years.

Banana_bride t1_ja7xbzb wrote on February 27, 2023 at 2:47 PM

Property taxes probably went up for landlord, too. It sucks but at the end of the day, their purpose is the make $ on the property

bensonr2 t1_ja7ww9v wrote on February 27, 2023 at 2:43 PM

Increases suck, but that's less then inflation. I wouldn't expect improvements with that increase.

Yeah it still sucks, but that seems like a normal year to year increase. Not the horror stories people are seeing elsewhere.

JZstrng t1_ja8m3h6 wrote on February 27, 2023 at 5:32 PM

I’m no fan of landlords (I’m a renter myself), but costs have gone up for them as well. In my opinion, 5% is not too bad, considering the rate of inflation in the last 12 months.