Bay Area rental crisis squeezing out middle class | WHAT REALLY HAPPENED

Bay Area rental crisis squeezing out middle class

The pent-up demand for housing is taking a toll on Mark and Caitlin Fisch, who live with their three young children in a 2-bedroom apartment in Mountain View that rents for $2,575. A well-paid private schoolteacher, Mark has so far been able to make his payments, while Caitlin home-schools the kids. But with their lease expiring in September, they learned this month that the rent is going up -- way up -- to $3,600. Their options: sign a new one-year lease at the new rate, go month-to-month at $6,566, or leave. The family expects to do the latter.

Webmaster's Commentary: 

Time to eat the bankers. They are very soft, taste like chicken, and are GMO free!

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