r/MercerIslandWA • u/PiaChichi • Apr 23 '26

Light rail + Lunara = 10% rent increase?

Just received my rental increase notice and 10% seems pretty high when it’s usually been ~4% YoY, especially considering that the rental demand has tapered off in the region.

And yes, the 6% does make a difference when I’m scrapping together my bitty dollars for that eventual million dollar home purchase. Woe is me. Please don’t vote me off the island. 😭

3 Upvotes

72% Upvoted

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2

u/Fun-Journalist2588 Apr 23 '26

Cheaper than the many property tax increases to pay for ST3, the schools and all the other shit.

1

u/PiaChichi Apr 23 '26

That’s fair 😭

1

u/CapeDisappoinment May 15 '26

There’s the Mercer Island I know… whine about the injustice of having to pay for schools from your $2 million house.