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The new owners passed around lease notices today, which either meant they didn't get permission to convert the apartment to condos or it's going to take a while.

The DREADFUL news is that, if I sign a lease, my rent is going up $155 PER MONTH!!!

The WORSE news is that, if I DON'T sign a lease, my rent is going up $455 PER MONTH!!!

$1,250 with a lease.

$1,550 without a lease.

For a two-bedroom, one-bath apartment.

And, you know what's sad?

That's a bargain.

Sigh.

Off to cry.

Date: 2006-11-07 03:52 am (UTC)
From: [identity profile] gategrrl.livejournal.com
Holy crap. That's *almost* what we pay for our monthly mortgage in the SFV. And when we looked at apartments before househunting, we figured it would cost just as much to own as to rent.

That's incredible for an 850 sf apt.

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