Landlords Wanted More Rent… Now Their Tenants Are LEAVING
These renters opened their lease renewal letters to rent increases of hundreds or even thousands of dollars a month, and instead of signing, they decided to move out. Some of them then found their old apartment advertised to the next renter for less than they were paying. #renting #rentincrease #landlord
In this compilation, a tenant who paid on time for three years finds his own apartment listed cheaper for new tenants, a renter in West Palm Beach opens his rent notice on camera, a renter in Tampa reads out a month-to-month price of more than eleven thousand dollars, and a renter in Boston is asked for nearly thirty-five hundred dollars a month for a 450 square foot studio. Others turn down their renewals in Hoboken, Dallas and New York, add up what moving really costs, and a renter in Portland, Maine says she went to the city's housing office after her landlord refused to renew and got money back. And a renter who moves almost every year explains why staying put stopped paying.
Have you ever turned down a lease renewal because of a rent increase? Tell us what happened in the comments.
#apartment #renters #moving #leaserenewal #rent #housingmarket #tenants
CHAPTERS:
00:00 Rent hikes send tenants packing
00:50 Rent renewals vs cheaper new-tenant offers
10:30 Moving costs and the price of leaving
17:08 Rent increases and a difficult exit
22:49 Rent relisting and a Portland complaint
25:48 Rent shopping pays off
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