The landlord had told them he wanted to raise the rent to $3,500 and when they complained he decided to raise it to $9,500.

“We know that our building is not rent controlled and this was something we were always worried about happening and there is no way we can afford $9,500 per month," Yumna Farooq said.

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-74 points

This really depends. If the building is rentable for 5000 than it is. Like it or not.

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31 points

If 2500 was reasonable back then, then it still is reasonable right now.

Unless gigantic upgrades were performed to the house that warrant a 1000 price hike, which I highly doubt.

Just because the market is fucked doesn’t mean you get to make the market even worse.

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1 point

Except the price of food building materials renovation costs went up by about 100% where i live realistically. So a landlord isn’t going to just take the fact that their 2500 whatever is now only worth 1700 whatevers.

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-14 points
*

If accepting a lease on a post-2018 construction, knowing that no rent control was in force, was reasonable then, it is still reasonable now. Live with your choices.

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12 points

This isn’t living with ones own choices. This is having others choices thrust into you and having to deal with their greed.

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2 points

having no rent control is never reasonable. People only accepted places without rent control because all other options are shit too

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24 points

You like profiting from others misery. It’s not illegal and it’s not generally even frowned upon but it’s still shitty and you have to own it

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3 points

You forgot to add an overly pretentious “like it or not” at the end of your reply.

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-3 points

Thanks for adding it. Where would we be without your over pretentiousness?

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19 points

You realize that there’s people living in these apartments right? You know there’s a housing crisis right now that’s fueled by housing investors from all over the world and shit like Airbnb and corporate greed, right?

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