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Demand for rental housing in Utah soars
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Just received notice my rent will increase between 6-14%, depending on the next lease option I choose.
The sad fact is, as a retired military person, my annual cost of living increase has gone from 4% down, I say down, to 3.5% and my other income is minimal wage, at least not minimum. I make ends meet, trying to save to buy a home again down the road, put kids through college.
I think we will all will be homeless sooner rather than later so I am preparing to go off grid...I don't want to bite my tongue on this, and others should not either. Where is our 6-14% cost of living increase to balance the equation?
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Few landlords are offering renter concessions in the current tight rental market.
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