Tag Archives: affordable housing

property management, real estate

Tax Increase/Rent Increase

Do you think rents will be going up?  Yes . . .  Along with utility increases, housing regulations-codes, licensing, landlords are also facing huge tax increases.  With a tight rental market, these will be passed on to the tenants.

Lancaster residents are sure to see a tax increase this year, but the question is how much?

Lancaster City Council in December approved Mayor Rick Gray’s budget, which included a 7.5 percent tax increase this year.

Now the School District of Lancaster is asking the state for exemptions to raise taxes above the Act 1 index of 2.8 percent to a maximum of 11.5 percent.

While it’s no guarantee the district would actually increase taxes by the full 11.5 percent, it’s possible school directors may vote to approve some kind of tax increase.

see: http://www.pennlive.com/midstate/index.ssf/2015/02/how_much_will_taxes_increase_f.html

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apartment, Business, landlord, real estate

Rent Control and Eviction Laws

As Rent Soars, Longtime San Francisco Tenants Fight To Stay

December 03, 2013 3:17 AM
In San Francisco, demand for apartments is booming — but for low- and middle-income tenants, this means it's hard to find an affordable place to rent.

In San Francisco, demand for apartments is booming — but for low- and middle-income tenants, this means it’s hard to find an affordable place to rent.

Curtis Fry/Flickr

San Francisco has long been a desirable place to live — and that’s even more true today as the city is basking in the glow of another tech boom. But the influx of new money and new residents is putting a strain on the city’s housing market.

The city has the highest median rent in the nation, and evictions of longtime residents are skyrocketing.

Ground zero for San Francisco’s eviction crisis is the Inner Mission District. Until recently, this edgy neighborhood was home to a mix of working-class Latinos, artists and activists.

Tom Rapp, an airport building maintenance worker, rents a modest second-story flat that he has called home for 15 years. He says a lot of his neighbors have been evicted over the past couple of years. Then bad news came knocking on his door, too.

“We received an eviction notice at the end of August,” he says.

Continue reading: http://www.npr.org/2013/12/03/247531636/as-rent-soars-longtime-san-francisco-tenants-fight-to-stay

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