The Saving Advice Forums - A classic personal finance community.

Don't know where to put this

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Don't know where to put this

    Everyone says signing a two year lease is better, but my rent increase doubles on a two year lease, so .. why?

  • #2
    I suppose it gives the landlord a way to weed out up front people who are so marginal financially that they might not even come up with the rent in the first year. Scare away those who cannot afford more. Although I would think credit history checks would work just as well as high rents contracted for the future. For you , I would say there is probably no advantage. Have you tried negotiating the rent increase?
    "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

    "It is easier to build strong children than to repair broken men." --Frederick Douglass

    Comment


    • #3
      Signing a two year lease is not always better, because not all leases are the same. Generally landlords offer discounts for signing a longer lease, but that is not always the case.

      Comment

      Working...
      X