It's Official - I'm Moving!
Looking at the lease renewal letter with the $250 rent increase one more time, I decided I really have to move. So I wrote up my 30-days notice letter, turned it into the apartment office, and clenched my teeth knowing that means I'll have one week to move out when I get back after my trip next month.
I think this is for the best. I hope this is for the best. I'll be saving money, anyway. And given that the only way to ever be able to afford property is to live super cheaply now and save, save, save, well, that's what I'm going to have to do. I just hope I can find some place decent to move.
4 comments:
Ya know I was facing similar situations on the east coast in New York, but I caught them early (when I was in highschool). I decided to leave when I was 18 and I have yet to go back. Now I find all my friends who are only 2 years out of college are still living with their parents or living in a basement. I think I lucked out though, I was stationed in San Antonio T.X and have been here ever since. I'm in I.T and you wouldnt consider San Antonio to be a big I.T place but it actually is. We've taken up to importing talent and can't even fill slots. But back to Cost! With housing so expensive in New York I decided not to go back. It's amazing because for 175k I got a brand new 2500 sq ft 4 bedroom house in the nice part of town! Meanwhile ,175k in NY would buy a trailer! Have you put consideration into Moving from Cali?
-Eric
http://twentiesmoneymag.com
I know that it is a good feeling to have the decision made. I am sure it will work out for the best.
Best Wishes,
D4L
You should ask the office if they'd consider lowering the rent. It costs them money to find a new tenant. Think of it, if they have the apartment empty for just 1 month they lose a bunch of money for the year and it would make the increase they put on you barely worth it. My husband was able to negotiate to lower his rent before.
I don't know why property owners raise rent every year for the same tenant. If they're typical landlords, either they have a fixed-rate mortgage on the property or they own it outright. Unless the tenant has damaged something badly, it doesn't make sense to impose more than a very small increase to perhaps account for increases in maintenance fees. (Plumbers and electricians gotta eat too, prices are going up, blah blah...)
Now if they're increasing the rent between tenants I could see it, especially if the old tenant caused a lot of damage. But to drive a good tenant away with a ridiculous increase is just stupid.
My landlords don't exactly qualify for Property Owner Of The Year awards but when they've increased my rent with lease renewal it's never been more than five bucks. I think I'd have left long ago if they had, because I don't see where their level of service justifies a huge increase.
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