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  • Axios Salt Lake City

    Utah landlords rep: Use charity, borrow money, and sell your TV to pay rent

    By Erin Alberty,

    2024-04-16
    https://img.particlenews.com/image.php?url=2Vgtwd_0sTIlgu700

    Tenants' jaws are on the floor after the director of a Utah landlords' group suggested they "work more hours," take out loans, sell their belongings and ask for charity to cover rising rent.

    Why it matters: Housing costs have exploded in Salt Lake since the pandemic began, forcing families to leave the city , adults to move in with their parents and renters to risk poverty even for modest apartments.


    Driving the news: In a Tuesday story about rising rents, the Salt Lake Tribune posted a list of "Landlord advice for renters" by Paul Smith, executive director of the Rental Housing Association of Utah .

    • Before asking a landlord for help, tenants should first sell their TVs and four-wheelers, work more hours or take out a loan, Smith advised.
    • They also should ask for money from family, churches and nonprofits before trying to negotiate rent, he said.
    • Renters, Smith said, should grow their income 5% to 7% each year to keep up with inflation, including rising rent.

    Reality check: Incomes haven't kept up with rising housing costs in Salt Lake City — a market-wide disparity that individual renters cannot necessarily fix on their own.

    • The vast majority of TVs listed on local classified ads are priced at less than $200, a fraction of the average monthly rent for a studio apartment.
    • Financial experts generally discourage personal loans to pay rent because interest accumulates quickly, and borrowers will have to cover loan repayments and rent in the following months.

    What they're saying: "Ah yes, I remember when I was renting a place for $450 a month (literally an old maintenance closet) and I couldn't afford it. I just sold my four-wheeler that I had laying around and all my money problems were solved," Dylan McDonnell, a disability advocate in Salt Lake City, posted on X.

    Fun fact: As housing costs spiked during the pandemic, Utah used federal rent assistance to pay legal bills for landlords seeking evictions, the Utah Investigative Journalism Project found .

    • After federal guidance was revised to prevent that, at least one renter said her landlord refused her assistance checks unless she paid a legal fee following an eviction case.

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