Wednesday, April 16, 2014
Contact: Brett Morrow
brett. Email address removed ; (202) 225-2305
Rep. Mark Takano Statement on "Blackstone: Atlanta's Newest Landlord" Report
Washington DC -- Earlier today, the organization Occupy Our Homes Atlanta released its report titled "Blackstone: Atlanta's Newest Landlord" showing that:
Tenants wishing to stay in their homes can face automatic rent increases as much as 20% annually.
Survey participants living in Invitation Homes pay nearly $300 more in rent than the Metro Atlanta median.
45% of survey participants pay more than 30% of their income on rent, by definition making the rent unaffordable.
Tenants face high fees, including a $200 late fee for rental payments.
78% of the surveyed tenants do not have consistent or reliable access to the landlord or property manager.
After the report was released, Rep. Mark Takano issued the following statement:
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