A video of a landlord telling a tenant of over ten years that he will be doubling her rent has sparked debate on TikTok.
This viral video posted by Raul Bolufe has sparked debate on the rent increase.
@therealraulbolufe Raising my tenant’s rent Part 1 #Realestate #Realestateinvesting #floridarealestate #rentalproperty #rent #realtorlife #landlord #miami #florida
Many viewers criticized the landlord’s decision to double the rent, despite the tenant’s financial situation.
The tenant, who had been renting for 10 years for just $1,100 per month, was shocked when the landlord told her that rent in the area was typically around $2,500.
@therealraulbolufe Raising my tenant’s rent Part 2 #Realestate #Realestateinvesting #floridarealestate #rentalproperty #rent #realtorlife #landlord #miami #florida
Despite the tenant’s protests and threats, the landlord refused to lower the rent and gave her a 30-day notice.
This incident has caused many viewers to question the morality of such a large rent increase, especially at a time when so many people are struggling financially due to the pandemic.
Regardless, many commenters feel that landlords need to take into consideration the circumstances of their tenants before making such drastic changes and that tenants should be aware of their rights and responsibilities when it comes to renting a property.
