The landlord had told them he wanted to raise the rent to $3,500 and when they complained he decided to raise it to $9,500.
“We know that our building is not rent controlled and this was something we were always worried about happening and there is no way we can afford $9,500 per month," Yumna Farooq said.
The bare minimum of research would tell you to qualify for a mortgage to buy an apartment is much more difficult than being able to rent.
I worked in real estate. I’m aware of how a closing works.
Apparently not lol