RESIDENTS in a tiny home village have allegedly received a notice from their landlord that rent costs will increase astronomically as 2024 approaches.

In Petaluma, California, about 40 miles north of San Francisco, tenants at the Little Woods Mobile Villa claimed they’d face homelessness after hearing of the skyrocketing prices.

The tiny home community holds about 80 residents in total, all of whom were supposedly issued a packet of documents earlier this week noting rent increases of a staggering 300 percent, per local Fox News affiliate KTVU.

Resident Darrell Pike, one of many who has lived at Little Woods Mobile Villa for decades, blamed the proposed rent changes on “greed.”

“That’s outrageous,” Pike frustratingly told the outlet.

“This is greed, pure greed.”

Pike claimed his packet showed a total of a 343 percent increase to his current monthly rent costs of $500, meaning his rent in 2024 would be over $2,215 instead.

That’s an extra $1,700 per month on an annual lease, resulting in an extra total cost for the year of over $20,000.

The baffled resident explained that he’d lived with his brother in their tiny home for some time, but with the 343 percent increase, it would put serious strain on the pair to come up with the money.

“I can’t afford to move anywhere else,” Pike claimed.

“If we don’t have this community, what do we have? We have homelessness.”

Other residents like Christopher Brown echoed feelings that the prices were unfair.

“I feel this isn’t fair,” he said to KTVU.

“They don’t want us living here anymore.”

Brown currently resides in one of the oldest tiny homes in the village, along with his dogs and girlfriend.

The tenant argued that his alleged 339 percent increase was “ludicrous” and that it isn’t fair treatment of the residents.

“My roof doesn’t leak, my plumbing works, it’s my home,” Brown explained.

“A $1,531 increase [a month] for a space rental is just ludicrous.”

He continued: “I don’t fee that I deserve this treatment.”

“I feel like we deserve a fair shake.”

The landlords and owners of the tiny home village stood their ground on the increased costs and claimed any lack of adherence to it could ultimately lead them to file for bankruptcy.

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“As property owners, we’re seeking a fair market rent or considering closing the business before we are forced out,” Little Woods Mobile Villa owner Nick Ubaldi told KTVU.

The City of Petaluma also seemingly made efforts to mitigate the rent increases, as earlier this year, it set a cap on annual rent hikes at mobile home parks like Little Woods.

According to the ordinance, the rent control caps allow for about 70 percent of inflation change, which is about 2.9 percent in 2023 for the Bay Area.

That means a maximum of a 2 percent increase would be allowed.

Petaluma City Councilmember Karen Nau explained to the outlet that the property owners at several mobile homes like Little Woods have argued that their expense costs require the high rent.

“The reason why the owners want to raise the rent is to have more revenue,” Nau said.

“They say their expenses exceed the income.”

Tiny home village owners like those who own Little Woods are required to petition the city for arbitration if the rent increase exceeds the cap.

Nau noted that they had done that.

Court officials will look over the tiny home village owners’ financials to confirm that the expenses coincide with the cost asks.

The councilwoman said she was afraid of what the increases could mean for low-income residents in Petaluma.

“We want businesses to thrive in Petaluma but not on the backs of our tenants,” the councilwoman told KTVU.

“Especially our lower income.”

Neighbors of Little Woods explained to the outlet that at least 80 percent of the residents in the tiny home village don’t speak English well, and most are low-income.

Some residents explained to KTVU that they would be willing to pay slightly more for their units, but increases over 300 percent just aren’t feasible.

The U.S. Sun contacted Ubaldi for further comment on the increases, and he elaborated more on the specifics of the city ordinance’s effect.

Ubaldi explained that the owners and the tenants find themselves in a tough situation, as he and his family, who have operated Little Woods since it opened, allegedly have little room to issue steady rent increases.

He claimed they are stuck at charging low costs no matter their expenses, given the city ordinance.

“The Petaluma rent control ordinance permits an increase of only 70% of inflation each year. Meanwhile, our costs rise at 100% or more of inflation annually,” he wrote to The U.S. Sun in an email.

“This trajectory leads us down the slow road to bankruptcy. The ordinance allows no adjustment for new incoming tenants when a mobile home is sold.”

He continued: “Meaning, when an owner sells their home, that rent is tied to the space forever.

“There is no safety valve for private business owners who are left holding the bag, permanently subsidizing affordable housing for the city of Petaluma.”