Premium Only Content
These notices from landlords are beginning to show up at renters’ doors, stoking fears
Noah Braley received the text that would upend his plans for the next year a little over a week ago, on July 1 — your rent will be going up by a lot, his property manager wrote, but don’t freak out.
“I’m like, ‘Excuse me, don’t freak out?’” said Braley, who has lived in the building since 2013, when he was still an urban planning student at Western Washington University. “How much is it?”
The answer is $405, which Braley discovered when he returned home from his job as a line cook at Italian restaurant Storia Cucina. The letter taped to his door was sent by Son-Rise Property Management, and it infuriated Braley — it said that, starting in September, rent for his two-bedroom apartment would increase from $1,195 monthly to $1,600.
“I can’t afford to pay this. I have $300 student loans I’m trying to pay off. I’ve got car insurance, I’ve got $250 health insurance bills,” said Braley, who has not missed a rent payment throughout the pandemic. “Rent on top of that? Where am I going to find an extra four grand a year?”
Braley’s situation is not an anomaly. Rent prices throughout the area are skyrocketing as the state begins a phased lifting of its pandemic-spurred eviction moratorium. In Bellingham, many tenants are getting the unwelcome notification that their rent will increase in the coming months, prompting anger as they grapple with the question of whether they can continue living in their homes.
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
🔔Join this channel to get access to perks 👇
https://www.youtube.com/channel/UCHm8vWol8eNjTJZSjq2jaLQ/join
-------------------------------------------------------------------------------------------------------
🔥🔥 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑷𝒐𝒅𝒄𝒂𝒔𝒕 🔥🔥
►💎iTUNES
https://apple.co/2MkFziJ
►💎SPOTIFY
https://spoti.fi/2Dh8EoL
►💎STICHER
https://bit.ly/2FDK0QC
►🏡JOIN SUMMIT PROPERTIES NW
Website: https://summitpropertiesnw.com/career/
High 80/20 Split, Zero Fees, and a Low $10,000 Cap!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
✔ SUBSCRIBE 📣HIT BELL! ✔LIKE ✔COMMENT
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
★ REACH OUT TO ME ★
►✅Follow Us - Facebook: https://facebook.com/summitpropertiesnw/
►✅Follow Us - Instagram: https://instagram.com/summitpropertiesnw/
►✅Follow Us - LinkedIn: https://linkedin.com/company/summit-properties-nw-llc/
►✅Email Us - sean@seattlerealestatepodcast.com
#SeattleRealEstate #HousingMarket #Podcast
-
13:44
News For Reasonable People
4 days agoCalifornia Residents Won't Evacuate Wildfires Because of Looters: 'Wild West'
2194 -
LIVE
Exploring With Nug
1 hour agoHe Went To Get A Haircut And Vanished WIthout a Trace!
857 watching -
18:53
DeVory Darkins
1 day ago $12.36 earnedTrump JUST ENDED Mayor Karen Bass During HEATED Meeting
26.1K80 -
21:06
Russell Brand
5 hours agoIT'S COMING
58K289 -
21:26
Stephen Gardner
1 day ago🔥What JUST leaked out of Congress must be STOPPED NOW!
81.9K171 -
53:25
tether
11 days agoStability and Freedom in Chaos: The Story of Tether USD₮ | Tether Documentary (USDT)
106K5 -
56:44
VSiNLive
2 days agoFollow the Money with Mitch Moss & Pauly Howard | Hour 1
51.3K2 -
36:50
Anthony Pompliano
2 days ago $12.56 earnedInvestors Are ALL-IN On Bitcoin
42.2K8 -
32:19
SB Mowing
9 days agoA Backyard She’s NEVER Seen – Now Safe for the Kids to Play!
45.6K19 -
2:09:11
ggezlol_tv
9 hours ago[Day 26] CS Blast bounty baby
81.1K2