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living life happier) wrote in
davis_square2014-04-09 03:23 pm
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Rent raise limits?
My landlord is raising my rent more than 7% for the next year. Is there any state or city limit on the amount a landlord can raise the rent? I'm in Davis Square. Thanks for any help you can give!
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This could be considered an abuse of the democratic process, since at that time rent control existed only in Cambridge, Brookline, and Boston, and the voters of all three of those communities continued to support rent control.
Somerville also briefly had rent control, but ended it in 1979.
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An example (though this is a few years back in Cambridge) a friend had told the owner that they were going to move because of the price a bit too much after the first year but the owner decided to lower the rent (reasonably of course) so that they would stay. Hope this helps
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Prior to that, in Cambridge, we had an increase of about 25%.
It doesn't seem to matter whether you are a good or bad tenant, rents are just going up.
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Yeah, verbal agreements with landlords are worth the paper they're written on.
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There was an initiative law proposed to outlaw rent control. Since the municipalities are creations of the state government, the state legislative power can do that. Since I didn't live in one of those three cities, I voted against the initiative, figuring it was none of my business.
Later, I found out what the argument was: The three cities were by rent control artificially depressing the value of rental properties, and thus the amount of property taxes that they were collecting. Based on the formula that the state uses for distributing local aid money, that increased the amount that the three cities received in local aid. The local aid money comes from the state income tax, and generally speaking, derives from higher-income cities in the metro area. So the argument was that Cambridge, Brookline, and Boston were leeching off the rest of the state to provide a benefit to their residents. You can buy that or not as you choose, but the initiative passed.
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Arbitrary endpoints:
Feb 2013-Feb 2014: $2286->$2352, a 2.9% increase
Nov 2011-Nov 2013: $2030->$2411, an 18.8% increase
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This is at least a citywide crisis, and from what I see on Craigslist, a Greater Boston area situation. I work at a local university and I have no car. If I'm forced to move to Everett or even Malden at some point my commute to work will be very difficult. I have lived in Somerville for the last 23 years and I have never seen rents at this inflated level. I have heard about some of the Spring Hill apt. buildings where new owners are planning to charge nearly $1600 for lightly renovated studios!
From what I read locally, it's clear that the market is inflated, partly because of the impending Green Line extension, but this is leading to not only inflated rents, but also inflated property taxes. Everyone is affected, landlords and tenants alike. As pixelsand says, the only people who can find apartments are those who either make a ton of money or who qualify for "affordable", subsidized housing. Everyone in the very large middle, no matter what they do for work, is in deep trouble.
I think what we need is more housing period. When I look at the Somerville Scout, I see lots of articles and pictures having to do with the boom in Somerville, attracting young, vibrant tech companies with young, vibrant workers who can afford to spend lots of money. And that IS a great thing for our city, but I agree with pixelsand that Somerville is and has always been a dynamic, DIVERSE community, and people of all ages, backgrounds and wealth levels share our densely populated space. That is what makes our community so creative and exciting and it would be a shame to lose what is essentially our "middle class", the backbone of people who spend money and make art and contribute to what makes our town different.
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(Either way, I'm not sure what the point would have been as long as the state law from the 1994 referendum remained in effect.)
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On the rent control bit, I thought I'd add in my two cents as a landlord in a non-rent controlled area and a tenant in a rent controlled area. As a landlord, I would find it really difficult to deal with rent control and cover expenses as they arise. Even in my attempts to keep rent below market rate and affordable, I've had to make some increases to cover some extremely expensive unforeseen events (oil tank leak, anyone?). As a tenant who is in a rent-controlled house, I will never, ever, ever, ever move. Ever. Rent control is the best deal ever. The landlord was not allowed to raise my rent the first year and could only raise it $50 my second year, which he didn't bother doing. Rent control is the best thing ever...when you are a tenant.