#705 - Tacoma Man Sees Rent Hike From $825 a Month for Five Years to $1,375 Post-Eviction Ban

Rent increases are nothing new, but one Tacoma man says he was shocked over the one he is facing, calling it "ruthless."

Terrance Parsons has lived at Manitou Park Apartments in South Tacoma for the past five years. He says his rent is around $825 a month, including utilities.

"They want to raise it to $1,375," Parsons said.

A 60-day notice of the rent increase signed by LandlordSolutions on behalf of the owner says $75 of the $1,375 is for utilities. They also tell tenants that they could get up to a $100 discount off the monthly rent if they sign a new 12-month lease.

"I understand property goes up, but for two years, that’s an extensive amount," Parsons said.

Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.

https://www.q13fox.com/news/tacoma-man-shocked-over-60-rent-hike

Support the show

🛍️ Merch - https://Store.ReasonableTV.com/

🌟 Go PREMIUM with Reasonable+ for uncensored access to our entire content library: https://ReasonableTV.com/

💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY

👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeople

📲 Stay connected and never miss an update!

🔗 Rumble - https://rumble.com/c/NewsForReasonablePeople
🔗 Facebook - https://www.facebook.com/NewsForReasonablePeople
🔗 iTunes - https://apple.co/2MkFziJ
🔗 Spotify - https://spoti.fi/2Dh8EoL