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Received rent increase letter, can't afford it

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  • Posts: 24,714 [Deleted User]


    Cyrus wrote: »
    the simple thing to do is negotiate,

    not sure what your monthly charge is, but take that and if you move out the LL will be out of pocket by that much at least as he will have a vacant period, probably need to paint the place etc

    you can easily figure out what the monthly value of that is

    if you cant afford the 200 and cant come to an agreement then find somewhere else

    While this would be something to consider a few years ago, he will probably have a queue of people outside the door with a deposit in cash looking to move in immediately if he advertises it, regardless of condition. I would be surprised if he lost any rent in the current climate.


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