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80% rent increase?!

Posted by Jennifer on March 08, 1999 at 19:17:17:

I live in a condo building. The landlord owns this unit. We had a two year lease which is up May 1, 1999. I believe it was a standard cookie cutter lease. I just received an e-mail from him on Saturday saying he wants to raise our rent 80%. Are we just totally screwed? Can we ask for an extension to find a place (he didn't even give us 60 days notice.) What would happen if we didn't move out? Would the eviction process prevent me from ever being able to get a mortgage?

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