rental increase - Landlord Forum thread

rental increase by Mary (North Dakota) on February 8, 2010 @14:53

I'm on a fixed income and my rent went up. How do I afford this? The apartment isn't worth what they want me to pay and is in need of updating.

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Re: rental increase by mr x on February 8, 2010 @15:15

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maybe you might want to consider moving.

landlord expenses go up, therefore tenant rents go up.

Re: rental increase by Jennie (CA) on February 8, 2010 @15:39	[ Reply ]
If you can't afford it, then you should move. Find cheaper rent place.

Re: rental increase by Anonymous (CA) on February 8, 2010 @15:45	[ Reply ]
I am an landlord and my tenant always complains my SFH isn't worth what I want them to pay and is in need of updating.

Re: rental increase by OK-LL on February 8, 2010 @16:34

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If you feel you are being asked to pay more than the property is worth, look for a less expensive rent. Rents go up when taxes, insurance or adjustable rates on mortgages go up -- that's where your rent money goes once you hand it over to the LL. And older properties may be more expensive because they require more repairs. Just hand in your 60-day notice and move along -- you'll be happier and so will your LL.

Re: rental increase by Anonymous on February 8, 2010 @17:23

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As a rule, Tenants ALWAYS feel they are paying too much even when they are paying below market!

If you are a tenant who feels he or she is being over charged,
1. Ask yourself WHY you rented there in the first place.

2. Try to find a better deal and decide if it is worth it to move.

3. Ask your landlord to lower the rent.

Re: rental increase