Rent dispute at over-55s caravan park sparks debate

1 week ago 37

Residents of this over-55s caravan park have hit back at hufe rent increases under the new owners. Picture: Google Earth Residents of a caravan park have hit back at new owners after being slapped with huge rent increases. The 55-and-older community in the US, Crestview Hills Mobile Home Park, was recently purchased by a new owner, which informed the residents of a second rent increase due to a property tax reassessment. “The recent sale of Crestview Hills will result in a substantial and near-term property tax reassessment, including supplemental property taxes payable by the new owner. And higher ongoing annual property taxes,” reads the letter, according to KGTV. The management company provided tenants with information about a subsidised rent program in addition to informing them about the additional increase. Resident Rita Burn, who provided KGTV with the letter from the company, said that her rent has nearly doubled since she moved into Crestview Hills. When Burn moved into the park when she retired in 2017, she paid $825 (AUD $1182) a month for rent. Now, her rent is $1,600 (AUD $2292) per month and could climb higher if a second increase goes through. Burn, who is on a fixed...

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