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He bought the building in November and he raised the rent a lot--30%
So I wrote him a letter, and listed for him (on 3 pages) why the apartment isn't worth what he's asking for it (lotsa stuff wrong w/ this place) and offering to pay a modest increase (meaning about $100 more).
He tells me that he really can't afford to not collect what he's asking for.
Hey, I'm not stupid, I know he has kids to feed and stuff, so, I'm making plans to leave. (Mind you, I'm hoping to stay in this small town long enough for my son to graduate w/ his friends--in two years, but if I have to move I have to move and oh yeah, you know, no hard feelings. )
I found out yesterday that he's also buying another building of rental property on the same street.
Can't afford it?
This is his 3 apartment building.
You know, if some big corporation bought out the company he works for (yes, he works besides managing properties) and moved his jobs overseas, or cut his benefits or salary, he'd think that would be a bad thing to do.
But I suppose what he's doing to me is just "business" right?
I'm peeved!
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