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Friday, March 22, 2024

Veneration and its Converse: Renting an Apartment as a Retiree in Los Angeles

 

veneration - n. - great respect; reverence


Although I have probably touched on this before, I feel I must state the obvious one more time: veneration is rare these days. It used to be that if you were a halfway decent person (meaning kind, compassionate, etc.) had money in the bank, the world was your oyster. Well, let's put it mildly, if you consider yourself to be venerated today, chances are you may have the attributes aforementioned, but you aren't sixty five or over.

Over the past weekend, I was hit with ageism head on while trying to rent an apartment in Los Angeles. Mind you, L.A. likes to bask in the often obfuscated light of a democratic state, well aware of the hazards of discrimination. In fact, there are placards posted in myriad places reminding the public reader that it just won't tolerate prejudice of any kind. Funny thing, though, every possible example of bias is mentioned except ageism. 

Case in point: admittedly, I, like many of my kind, am a senior citizen with a healthy portfolio and income coming from several sources. Fortunately, I can afford to lease an apartment in both New York and Los Angeles, albeit not simultaneously. In Los Angeles as in many other hot spots in the U.S., in order to secure an apartment, you must prove that your income is three times the monthly rent, which is not easy if the rent is 3K or more. The main problem, though, is that if you happen to be retired, there is no separate application for you. These conglomerates that own the luxurious resort hotel apartment complexes operate on a "one size fits all" policy. Basically, they are not interested in you if you do not have a steady job that pays you a high weekly salary, not even if you are a multi-millionaire sans an occupation other than gardening and golf. Their computer algorithms are created to accept only those who are gainfully employed, blind to the probable possibility that if they are living paycheck to paycheck, they could get laid off at any time, rendering them unable to pay the rent. Contrarily, New York real estate operates on the basis of common sense. In New York City, you have to prove you have fifty times your monthly rent in the bank, which is hard to do when the average price of a one bedroom is $4,500 (or $225,000 in the bank), of course, but most of the young renters have wealthy parents who can and do co-sign their leases for them. The real estate moguls in the City know that money in the bank pays the rent on time, not an iffy weekly salary. 

As for me, I liked a complex in the lush, tropical, yet pragmatic planned community of Playa Vista just south of Marina del Mar (both in L.A. county) and applied to rent at Runway, a sleek resort-style complex with all of the amenities you can think of in tow. Because Runway's rental application completely disregards retirees, I was rejected not once, but twice. After much frustration, I gave up on renting there (even though the leasing manager finally emailed me offering me the apartment and apologizing for the ineptitude of his colleagues and data base) and signed with a competitor who took one look at my portfolio and said, "You're approved with verification from your bank." Smart man. He did the mental math. 

Regardless of your particular age, it should not be so incredibly hard to rent an apartment these days. And landlords of any kind should not discriminate against cotton tops turned Clairol box tops like me who slaved for many, many years yet cannot boast that they are earning a consistent weekly paycheck. Correct your websites, people in this biz. Add a separate application for retirees or very lucky independently wealthy scions before you continue to embarrass yourselves. You're losing business due to your dearth of common sense. Money is money regardless of its source. That being said, as a new renter, I am still thrilled to be free of all the complications associated with homeownership. The algorithmic aggravation was well worth the transition from money pit to someone else's responsibility. To me, that is a taste of veneration right there.


#word-to-words, #slice-of-life,  #blog, #blogging, #editorial, #reading, #vocabulary, #ReadersMagnet, #spilled thoughts, #personal-essay, #writing community, #writing, #truth, #LiteraryCriticism, #satire, #society, #real estate, #LosAngeles


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