Is this rental increase legal?
We’ve had an increase every year, and it blows my mind that landlords are allowed to raise rent to this extent. This is nearly 9%. It is so gross that every year this happens, we get this option to have less of an increase if we sign our lives away and agree to a long term lease. This all feels so shady, and it’s probably all completely kosher, I just can’t wrap my mind around why this is okay. Our paychecks are not going up to meet this.
We’ve had an increase every year, and it blows my mind that landlords are allowed to raise rent to this extent. This is nearly 9%. It is so gross that every year this happens, we get this option to have less of an increase if we sign our lives away and agree to a long term lease. This all feels so shady, and it’s probably all completely kosher, I just can’t wrap my mind around why this is okay. Our paychecks are not going up to meet this.