pages: CityCouncil/2014-07-15.pdf, 27
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2014-07-15 | 27 | has left us in a strange place where we've stopped contacting the management company for anything other than major repairs. Our policy has been to keep as far below the radar as we can. We can't afford to live here if our rent increases again next year. My Husband is a temp making only $14.50/hr at nearby XXX, and I am a contractor, read, not full time employee, at a tech company in Silicon Valley. Of course no significant upgrades or work has been done to our house, either. I'm concerned it's going to continue to go up as more affluent people continue to move to the island. I know I am very lucky to have a landlord interested in long term retention of tenants. My commitment to being here for years was a major factor in them accepting my application. I received an initial increase from $900 to $1, 150. After attending a meeting with Alameda Housing Authority, the rent was reduced to $990. Am I to expect a minimum of 10 percent each year. I moved to a different apartment complex and a smaller apartment after less than a year at my previous location, because I knew the rent was going to increase from 2095 for a 3 bedroom, at least $150 and the landlord would not let me move into a smaller apartment, even when my one year lease was up. I have no concerns - the rent is very reasonable. I moved in years ago. Now, since Alameda is the place to move, my rent has gone up just so the manager can pocket profit to keep up at the market rate. Concerned that the owner will recognize how much they could charge (3000) VS. what they do charge me! Live month by month waiting for the other shoe to drop I've been lucky to have a landlord who wants us to stay so hasn't raised the rent but relocation would be impossible. Too expensive now! No moderate income housing; no rent control Unfortunately, continuous increases are the standard, not the exception. This is regardless of the actual work being done and the market. While the percentage may fluctuate, the increase has become all too "normal." I have lived in two units in this complex and even in probably one of the least favorable units (in terms of location - bottom floor, between units, no view, facing a wall and a studio) increases were still standard. You are all but forced into a one-year lease if you do not have something ready for move- in because the shorter term lease options have such a steeper increase. And with the 1-year, they still try to shave days so you don't even get that rate for a full year. We moved in December and within just 6 months the rents have skyrocketed! Our rental company said that if we were to walk in off the street today they would charge almost $800 more o month! This is ridiculous! They have told us to expect at least a 5%-10% increase in rent when our lease is up (perhaps more depending on the market). Our last building was bought and the new owner had everyone leave. The new owner redid the floors and painted, over doubling the rent. My concern is that I am being pushed out of my city of birth. I have worked at the same non-profit institution for 30 years, have a Bachelor's degree. My salary is far under the median. Soon, rents will be at over a third of my income so no one will rent to me. I am concerned Rent Survey for City of Alameda - Summary of Survey Results as of July, 15, 2015 9 www.RenewedHopeHousing.or RenewedHopeHousing@gmail.com I Laura Thomas (510)522-8901 | CityCouncil/2014-07-15.pdf |