Hello everyone. I trust this finds you in a better mood than I am in at the moment.
My name is Gary; I'm 60 years old and on Long Term Disability. I've been in my current apartment complex since the Spring of 2016, and when I moved in, I figured this would be my last place of residence. However, the company that had this place for many years has now sold the property. The new company is out of New Jersey, and their M.O. is to buy old complexes, renovate them, and rent them at top dollar. When I moved here in 2016, my rent was $585, and it has continually gone up since then. Now it's $740, but my lease ends in April so of 2023, and i have no choice but to move. As our leases come due, we receive notices on our doors informing us there are no renewals and no month-to-month. We must leave by the date they give or be at the legal end of serious fees, fines, court costs, and attorneys fees.
This company has purchased, so far, as best I know, about six complexes in Titusville (Florida), and they were all low rent complexes. You can look at each complex they've bought and see what they've done in renovations and prices. The market is crazy with high rents everywhere, though some rents seem to be dropping. The issue here is that most places require one to make three times the rent in income! I live across the lagoon from NASA (SpaceX, Blue Origin) and the Canaveral Space Force Station. Boeing has also recently moved its space division's headquarters here to Titusville. These companies are pulling in high-paying jobs, and these folks don't bat an eye at these prices. So everyone at any complex Scotto Properties has bought here is finding they're out on the streets when their leases end.
I'm under the impression that if we move early, before our lease ends, we can do so without penalty. So once I get enough funds to move, and find a place at the same time, I can get out of here, resettle, and move on with my life.
**Update 01/12/2023** We are no longer allowed to leave prior to the end of our leases without penalty. If we leave we have to pay off the lease and pay extra fees.
Since I'm on LTD, my pay is based on my salary when I became disabled. This means I make 60% of a 1990 salary, a 30-year-old salary. SSDI has increased over the years, but the insurance company that pays a share of that 60% deducts anything I make. So if SSDI increases by $50 a month, the insurance company decreases my check by $50.
As I'd previously mentioned, I'm on Long Term Disability from a single-car accident in upstate NY in November of 1991. I fell asleep at the wheel driving home from Albany, NY, to my place in Bennington, VT. My car hit the guard rails and flipped end over end several times. On one of those flips, I was thrown from the rear window of my car. According to witnesses, I was thrown against the guard rails, made of thick metal cord, and then bounced back onto the highway, head first. I spent a total of 3 weeks in two different hospitals, the latter of which was a head injury hospital in Schenectady, NY. I also cracked my right patella in 3 places and chipped my right humerus at the ball. Once I came home, I was in therapy for 4-6 months. I'm physically fine but have issues with my temper, cognition, and understanding. My concentration level is deficient, and I'm always anxious. I take meds to help with these issues and am still in therapy after all these years.
I hope you can find it in your heart to help me. With my low income, it would take longer than I have time left to be able to save enough money to make deposits, rent a moving truck, pay for gas, etc. As it is, I'm finding it very challenging to find anything in the area I live in, Central Florida, that is 'affordable' for me. I'm a couple of years too young for senior housing or help, so I have to move where I can find the prices I'm currently paying. I'm searching from Maine to West Virginia, the Carolinas, and Florida. I haven't a list of 61 cities in these states I'm searching, with little luck, but when I do see something, I can't move on it for lack of funds.
Thank you for your time and hopefully help.