My cousin is trying to rent a ritzy apartment in Piedmont that’s like $450 a month, but requires renters to make an income of over $100K a year.
What… what the fuck? Why would that be necessary at all?! I know landlords will usually ask to know your gross income to make sure you’ll be able to pay for your lodging until your lease is up, but $100K?! I thought gentrification was supposed to be kind of subtle. Why is being rich so cheap?
Welcome to the Bay area of Cali lol. Most renters want you to make 3x-5x the rent at least (and rent for a cheap 1br apartment in a terrible neighborhood averages $1200)
That rent is actually hella cheap for the area… Like damn. I guess being rich has perks like that?