“My landlord wants to raise my rent by 45%...”

 

The rent is too darn high! Stories like these are becoming more common, and really is another reason purchasing a home could make sense. When you buy a home with a fixed rate mortgage, your payment will not change  (note - property taxes can go up and down), so you know what you’ll owe.


“Dear PoPville,

I live in a newer apartment building in NoMa & after living here for a year, my landlord wants to raise my rent by 45%. Do you know if there are any restrictions limiting rent increases in non-rent-controlled buildings (which as I understand, are built pre-1975)?”

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