Rent increased 400% for one San Francisco Tenant

[Petra]

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Debra Follingstad of San Francisco's Bernal Height's neighborhood is suddenly scheduled for a rent increase from her current rent of $2,145 per month to $8,900 a month.

Tenant advocates say they can't remember a rent increase this high.

Follingstad has been so depressed she began packing her belongings this weekend in preparation of moving out.

The 400 percent rent hike is scheduled to take place on May 5.

"There are no chances of coming up with that money. I can't even wrap my head around it," Follingstad said.

On top of that, her security deposit is scheduled to increase to $12,500.

I know people in San Francisco...that's actually where a lot of offices of people FreeOnes work with are located. I know that the rent is crazy high, but this has got to be the most insane rent increase I've seen.

I'm sure there's some dutch land lords that would LOVE to do this in Amsterdam (where rent is already pretty crazy for a shoebox size apartment).