Saturday 23 June 2018

Menlo Park landlords are jacking up rents to capitalize on proximity to Facebook

From TRD Los Angeles: Facebook’s real life community in Menlo Park is less than happy with the virtual social network. Landlords that own properties less than a mile from Facebook’s offices have hit long-time tenants with hundreds of dollars in rent increases–a practice they say is becoming increasing common in the neighborhood–effectively forcing many to move out of the area, according the Guardian. Without rent controls or other legal protections, tenants who initially organized to […]



source https://therealdeal.com/la/2018/06/23/menlo-park-landlords-are-jacking-up-rents-to-capitalize-on-proximity-to-facebook/#new_tab

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