SAN JOSE (KCBS)— The San Jose City Council has voted to almost double the budget of the rent arbitration panel. The action comes as rents continue to skyrocket and so do the complaints.
Since 2011, average apartment rents in San Jose have shot up 25 percent according to Realfacts.com. City Councilman Sam Liccardo said the city has long had among the highest rents in the country.READ MORE: East Bay Rep. Jerry McNerney Latest Not To Seek Re-Election To Congress In 2022
“The rate of growth of rents in just the last year or two has been stratospheric and the impact on our families has been severe,” he said.
Oswaldo said the rent on his apartment has increased $350 a month since he moved in two years ago.