Make the Rent Increase Normal Again!
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Residents of Graduate Hills and Gardens will face a higher-than-normal rent increase if the Southern Management’s current proposal is enacted. Starting July 1, 2018, the rent for a two-bedroom apartment would increase to $1443 from $1406. This $37 increase is more than twice the $13-$14 increase of previous years. Similarly, the rent for a one-bedroom apartment will increase by $30, nearly three times the increase of previous years.
We have not received an adequate explanation for this steep increase, nor is there any evidence that there will be an increase in services commensurate with this increase in rent. We believe that this proposal should be rejected and that Southern Management should reduce the rent increase to be more in line with previous years.
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