Rent Hikes After Promised Stability | Concord News

Belmont residents thought they were getting a sweet deal when a new investor bought their manufactured housing park, promising rent would stay flat or even improve—so they dropped plans to buy it themselves. But after the sale, rents skyrocketed, leaving them furious and filing fraud claims. The judge sided with the investor, saying no false promises were made—rent hikes are part of the investment game. Still, with some bills doubling, residents across New Hampshire are sounding the alarm as investors gobble up these parks and squeeze longtime tenants. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/09aaefa32b469995