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You have clearly never lived in a corporate owned apartment. Hidden fees, odd lease lengths that are optimized for occupancy, huge rent hikes every year and mos
by tschwimmer 4y ago
You have clearly never lived in a corporate owned apartment. Hidden fees, odd lease lengths that are optimized for occupancy, huge rent hikes every year and most annoying is that it's impossible to get them to do maintenance. Weeks wait for critical issues, half assed repairs or even "technician could not locate issue/access apartment."
- dougSF70 4y agoFortunately I have not, it sounds like a bad experience. Unfortunately in SF post 1981 (??) apartments are not covered by rent control. I think the optimum landlord is one who owns 2-4 unit buildings that were built before 1980. My new landlord is currently trying to raise our rent by 66%. People can be greedy *&nts sometimes.
- truncate 4y agoIt's anecdotal, but my experience with corporate owned apartments over past 6 years in Bay Area, when it comes to maintenance/rent hike has been positive. I think increment has been around 2% usually. Lease length are 11-15 month usually. And deposit is usually lower than most independent listings I see on craigslist. They can however at times be slow, and frustrating, for some random things you'd need. But I can deal with it. In contrast, my girlfriend who lived in a shared apartment with independent landlord, wouldn't fix heat, and then did a cheap replacement, which broke in few months, and refused again. And now she's out of the apartment, not giving back the amount he owes to her. I'm not sure if there any data to backup, but at-least in city, it seems like independent landlords are possibly worse.