Tags High rents
Tag: high rents
Now that the California Apartment Association (CAA) has blocked the implementation of renters’ protections, including rent control and just cause eviction protections, in Richmond, thousands of renters are at risk of being severely exploited with massive rent increases. Additionally, thousands more are now at risk of displacement and homelessness due to no-cause evictions.
With rents rising to astronomical rates and greedy nonprofit housing developers screwing the poor with minimum income requirements, including rents higher than what poor people can afford to pay unless they are subsidized by the Section 8 program, many poor people end up homeless and are living on the streets. Squatting has become one of the few options left for the working poor and impoverished.