While we have been here only a month, we have noticed an exodus of tenants. The residents are moving out in droves, hence the overflowing trash with household goods. I had wondered why there were so many people moving out, but hadn’t put much thought into it.
A part of the puzzle fell into place when about a week before rent was due, there was a knock on the door. A letter from the management that stated no longer will tenants be allowed to pay partial rent, and to make up the rest during the month. By itself, this had me scratching my head. Rent was due on the 1st, and we pay on the first, budgeting accordingly.
It never dawned on me that this wasn’t the practice in general.
Last week, my wife saw someone leaving (moving out), and asked why and where they will go? Apparently it isn’t dissatisfaction with the property or the apartment, but the change in the allowance for partial rent submission. Additionally, there have been significant rent increases in the recent past.
There is little doubt that we have many residents who are less fortunate, and struggle to make ends meet. Heck, you see that even in well kept single family home neighborhoods. But you have to live somewhere (unless you want to fall back to urban camping on Guadalupe Creek), and this isn’t too bad of a place to live. Rent for the area is pretty reasonable (and for us, the fact that they welcome our dogs is the winning factor).