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CORRESPONDENCE - 65A
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05/21/2019
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CORRESPONDENCE - 65A
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6/19/2019 10:24:33 AM
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5/20/2019 2:57:35 PM
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City Clerk
Item #
65A
Date
5/21/2019
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In 2016, J&H Asset Property MGT (henceforth referred <br />to us "J&H") took over the management of Bali Hi, and <br />this is where all our problems began. Since J&H <br />commenced its management of Bali Hi, we have seen <br />our rent prices increase by staggering and <br />incomprehensible amounts. Some of us have <br />experienced rental increases of up to 35% in the last <br />three years. <br />These price increases have pushed us into a state of <br />emergency. <br />There is something you must understand about the <br />residents of Bali Hi. <br />We are retired senior American citizens who <br />financially support ourselves through our social security <br />funds. Almost all of us are between the ages of 65 and <br />102. Given the precarity of our financial situations, <br />J&H°s practices have had devastating consequences for <br />us. We simply cannot afford the increasing rent prices <br />that are being ruthlessly imposed on us, with little <br />regard for our modest livelihoods and for our physical <br />and mental health. At this point, many of us find <br />ourselves gripped with unending, overwhelming <br />anxiety, and genuinely fear becoming homeless due to <br />the action of J&H. <br />z <br />
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