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People stunned after a man was asked for $12,000 before moving into a rental property

Several people shared their experiences with increasing rents across the country.
UPDATED JAN 7, 2025
Representational image showing an ad put up offering home for rent (Cover Image Source: Getty Images/Thomas Winz)
Representational image showing an ad put up offering home for rent (Cover Image Source: Getty Images/Thomas Winz)

The United States is experiencing a rise in rents across the country, making it difficult for citizens to acquire housing. Some places are increasing the rent by hundreds of dollars as the Covid eviction prohibition is coming to an end, reports God Daily Dot. According to a report by The Guardian, some cities are seeing an average price hike of up to 40% which has only been increasing further. Jeong Park, a journalist, shared his experience with the rent hikes in a viral tweet. He was looking for a place in Los Angeles and the management company sent him an email with surprising conditions before he moved in.

They wrote in the email, "6 Months due upon move-in. The unit does have a 1-month free special, so it would be 5 months’ worth of rent that will cover you for 6 months. A security deposit of $3100. In total, this would come out to $11,575 to move in." The email further said, "We understand this is a lot, unfortunately, we don’t have a say in management’s approval.” Twitter users were shocked by the amount of money Park was asked to pay just to move into the property. In an update, he shared, "Obviously, I'm not renting this place, but I just put in a security deposit for a studio apartment south of KTown for $1,600 a month (and it comes with dishwasher and in-unit washer/dryer, which is nice). Glad to finally get off this wild ride."

Twitter users replied to this tweet with their own experiences related to unreasonable rent hikes. Here are 10 tweets that further highlight this situation in the country.




 

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