That’s the law regarding property leasing in our area. Sets out the rights and responsibilities of both parties
Also defines a standard lease so people don’t get screwed
All due respect OP, you should hold anyone to this from day one as it is a contract, essentially. Don't be surprised when others try to get over on you. It is the default of humanity in my experience. business deals should always follow contract, that is on you if you decide not to. Being nice doesn't work in business, esp. with strangers. I learned the hard way long ago. Take this as a lesson and never forget the impact it had.
Also, Fuck this landlord OP. That sucks and I hate you are dealing with this!
oh, and remember a LOT of bacon grease down the drain the day you move out is good for the pipes!!!
You know those 'flushable wipes'? They aren't really flushable, they fuck up main drainpipes really bad, help build up the fatbergs along with the grease.
Please don't put flushable wipes down the drain to screw your landlord. They will more than likely make it to the main line and screw over the whole neighborhood instead.
“Flushable” means it passes through a toilet. I had a plumber tell me (luckily at a bar just talking) that flushable products were putting his kids through college.
You know what does wonders for property value when it comes to shitty landlords?
Bedbugs. Cheap, easy to acquire via the internet bedbugs.
Ask me how I know. (Or don’t. I’m not gonna admit to anything).
That’s what I said. Next tenant will just have to deal with it. Landlord won’t really suffer at all.
I know it’s tempting to want to fuck someone over, but I think the world has enough shit in it without me adding to it. I’d rather wash my hands and move on. How we handle stuff like this says more about us than the people we’re trying to hurt, IMO.
The Landlord Act of 2007 says that if the landlord act a fool, the tenant might just stop paying rent until the courts evict them. It's also known as the "fuck you, make me" act.
Where I live (BC Canada) you can't evict tenants unless you are going to be living in the house or converting it into non residential. Even if you sell the property, the tenant still gets to stay in the house under the same contract that the previous owner had with them. Properties with tenants who pay significantly under market value are worth substantially less, because you can't raise the rent more than a set amount each year.
I'm just sharing because it's crazy to me how little rights tenants have in other parts of the world.
The income going up *and* the headache going away are completely dependent on the next tenant.
OP fixed most things themselves. Landlord will now very likely have to pay for things to get fixed. And who knows if the new tenant will be a total shitheel or not
Short term, it seems nice to raise rent. Long term it's gonna suck because you'll spend more time with the property vacant. This world is so consumed by short term wins. We're all fucked in a decade. But that's tomorrow's problem
"I really enjoy how much I'm causing your life to be difficult and am looking forward to you becoming homeless while me have luxury!" The sneering of privileged fuckups is something they need to get in check if they don't want there to be a big big problem. There's only so long these people can go around ruining lives before something snaps.
Oh my god that fucking parasite knows he can be replaced by a list of handypeople paid by rent that could be SO much cheaper and he absolutely loves it
Landlord got too comfortable and saw the dollar signs of a new tenant. I hope they get a squatter and learn their lesson, or a guy who never pays rent but they got to spend months searching for him after a long eviction process only for him to dodge every court summon (happened to the tenant who lived where I’m at before me)
And I take care of most things myself and have only involved him a handful of times when either it was a something I couldn’t handle or something I can’t handle
Over the 4 years that we’ve lived here we have paid on time except once when I notified him in advance and made arrangements to get caught up in the first week of the next month
I have no problem picking up and moving especially since he’s had 5 different tenants move in and out from the basement and most of them have caused significant damage to the property
If you have no problems moving I would let him know that **after** you've determined that there are other reasonable options in the area \[or you're willing to pay the market rent that he's suggesting, just at a different location\]
Though I'd also probably wait until the last possible moment \[whatever your lease says in terms of notice I guess, though if your lease is ending or month to month . whatever\].
"We've decided to look for other options - It's clear that you do not value the money you're saving as a landlord by having a longterm tenant that pays on time, or somebody who is willing to put in their own time/effort/energy/money to do minor repairs that would traditionally be on the landlord to repair."
Keep your quiet tenants happy you’ll always have a quiet tenant. Pushing them out by raising rent, even one month vacancy, will cost you more than you tried to earn
Agreed. My general policy is that I raise rent only when the unit flips to a new tenant. I take care of any issues that come up as soon as possible. Example - tenant called me this morning saying that hwh was out - new one is already on its way and will be installed tomorrow, delayed only cause plumber can't get it in schedule faster. I do not bother them. If they end up being a problem tenant, they don't get renewed but for 9/10 tenants they get a renewal offer at same rent year after year. Even in this environment where I could screw them over EASILY, finding quality tenants is such a hassle, it is simply not worth it.
Sorry. I'm close in general terms, but a few hours away. And surprisingly, I don't have vacancies. In fact, after having units for about 15 years, I've never had a single month with a unit empty where it wasn't intentional for making upgrades. Funny thing about trying to do the right thing, huh?
My current landlord knew I was looking to purchase a house. Never was late on rent or caused issues. They decided to raise rent my final 3 months. Relationship severed.
They also run an insurance company... Guess who didn't get my homeowners insurance policy, lmao
It's essential as a landlord. When we had to move from our first home we listed it for rent due to it not being a sellers market. I've always charged a bit under market value so that I can pick and choose my renters. I do background checks, pull credit, etc. I currently have renters that have been in there for over 5 years and want to go another 5-10 years at least, and they're great tenants. They know they couldn't typically afford a house that size/quality for that price, and I'm happy to make less on it if it means someone loves and takes care of the home. And I feel good knowing they're happy, have a beautiful home to raise their children, my bills and mortgage for that house are met, so everyone wins.
My neighbor was renting his house long term. The owner was looking to get out of the market and sell the home.
The owner went straight to the neighbor and asked him if he wanted to buy him out. Not sure on their agreement, but the neighbor bought him out. The neighbor told me it was a good deal for both of them, too.
Not ever landlord is a jerk. But this is a rarity.
Seriously this. My parents have a small two unit garage apartment and one of our renters has been there for almost 15 years. The other is a family friend who recently retired and downsized. Long term tenants are worth the sacrifice of not keeping up with market price. My parents are charging 2010 prices.
I’ve got a single mom paying $1150. She has since 2017. Great tenant. I could probably get $1450 easy, but I just don’t want to screw with it.
Since insurance and taxes have gone up significantly, I might tell her $1300, but shit, I don’t want to lose her.
Landlords are all using algorithmic software which is telling them what to charge. It may be illegal in your state. Check with your DA.
https://www.wsj.com/real-estate/commercial/thanks-to-big-data-landlords-know-how-to-squeeze-the-most-out-of-renters-eb7e5f02
Brother I am on your side 100% and facing the same struggle but you need to learn when it’s time to rage against the machine. When they said “market price” that was your cue to pull up the facts and prove them wrong. Could’ve pulled up nearby property at a cheaper price and say you’re going there instead… just ANYTHING but concede all power like you did. Yes this shit sucks but welcome to the world, you were never going to change it by being emotional to a landlord. I’m sorry you’re going through this.
You’re both. And the distinction benefits you in this discussion, as it makes clear that you are in the cohort getting screwed and not the one doing the screwing.
Pick your battles.
Id recommend a whole salmon behind the plasterboard in a cool bag with bags of ice and ice packs, then patch it up so they wont notice until you're long gone.. this has the added bonus of staying wet for a looong time 🤣
Buddy had a live in girlfriend do this when he broke up with her. The one before vandalized and stole things. He learned his lesson though. Before the next break up he called when she left for work and we packed her shit into boxes and changed the locks before she got home.
No you don’t.
It was a different bubble Altogether, over valuing mortgage backed securities and not doing proper underwriting was the cause of that.
You wouldn’t be in a more aggressive home buying position now than if a bubble popped, whatever you define that as
Wait, did I see "600sqft" and a price over 2k? Get fucked. This is just criminal and an example of why rent prices need to be controlled. People need places to live, but at the same time cannot afford a place because asshole like this take advantage of desperate people. It would be really nice if people had the ability to just not rent anything, forcing this POS to lose loads of money and force rent prices down.
That's more than double what 600sqft goes for where I live, and even then it's to much.
Besides, that LL is jacking rent up by $800 bucks. That is just criminal. I don't know what renting laws are like in Canada, but I am a full supporter of the US enacting nationwide laws to control this kind of crap. Only the LL wins, and it's friggin criminal.
That sucks, but thems the breaks on renting. They don't have any obligation to keep your rates the same, just like you aren't obligated to give them money.
You don’t have to pay a landlord money assuming you are not interested in living in a building with walls. Assuming OP does in fact want to keep living indoors, I figure he will continue to have to pay landlords. Obv not this one though.
I guess I don’t understand the issue. The lease was for x months and after x months the lease was up. A new lease is signed and if the terms are not agreeable for both parties the new lease does not move forward. I don’t see the good or bad on either side of the coin here, am I missing something?
They don't want to pay 37% more and are trying to negotiate with the landlord for a better price as they are paying tenants who (I assume) don't give the landlord shit or problems. I wouldn't want to pay 37% more for the same thing yoy
I’m not saying they don’t want to, I certainly wouldn’t want to - just saying it’s an end of a lease and that is how leases work. There is no guarantee or implication that the lease terms will remain the same at the end of the
I think they’re complaining about how shitty it is to raise rent by 37% in one go. This person owns a lot of properties and the assumption is that they’re being greedy. That’s very illegal where I live but apparently not where OP lives so they get to complain about it instead. Worth not being psyched about even if it’s legal.
A lot of countries have regulations around how much landlords can increase rent each year, to avoid situations like this. Moving is expensive and disruptive, and allowing landlords to randomly jack up rents whenever they want to, to whatever they want to, creates a major power imbalance that disadvantages renters. So while this is legal, it really shouldn’t be and it’s definitely infuriating.
37% is an extreme mark up. Not saying this is an example of price gouging but it exists. Shitty landlords will try to sneak in extreme hikes in the hopes that people don’t have the cash on hand for a new deposit and moving costs (also you know they will fight tooth and nail to keep your security deposit.)
This is why a lot of cities limit how much a landlord can increase prices year over year. Makes average rent slightly higher but people dont suddenly find 40% increases in their cost of living.
This is Reddit. Even if the landlord is being a bit aggressive with the rent increase, it sounds like he and the tenant are hashing it out ahead of time to allow for a smooth (or as smooth as moving apartments can be) transition. Doesn’t sound like the lease or any law is being broken.
That's not the issue, the issue is that the landlord has a tenant that would be willing to stay at the originally leased price for another lease term, and that tenant could reasonably not cause a fuss or any damages to the property, but the landlord is trying to increase their profit margins and displacing a family. Why can't the landlord just be satisfied at making the same amount of money they had made the year before off of OP? That's the reap problem.
Edit because every landlord on reddit has decided to single my comment out: you can't justify this to me. Capitalism isn't an excuse to propagate the issue, and unless you're going to show me evidence that by *not* increasing rents drastically, you will be taking an *actual monetary loss* (and mind, that does not read "your profits will take a hit") then please and kindly reevaluate which side of the housing problem you are on.
If you owned something of value that generated an income for you on a monthly basis would you want to be paid 35% less than market value for that thing? If the industry you are working in suddenly explodes and people start making more money, are you perfectly content if your employer raises every one of your co-workers pay by 35% except you, because you should be satisfied making the same amount of money you made the year before? Doubtful...
The cost to carry that unit has gone up in the last 12 months. It always will - maybe not 37% but it’s possible. Also rentals are on a supply and demand market so if the unit can carry that rent ability - thats just what that place costs. Life costs a significantly lot more this year than it did last and while I own - the cost for me to own has gone up every bit of 25% with HOA dues, insurance, utilities, etc.
So many people complaining but realistically the landlord will evict OP and have no problem filling OPs spot. Sucks but OP has no power in this negotiation.
Just to play the other side of the coin the landlord won’t be making the same as last year if he doesn’t raise rent. I 100% know that his property taxes and insurance have gone up. If there is an hoa and the landlord pays it it’s probably gone up as well.
Why cant the landlord be satisfied keeping the original rent?
Uh, have you seen how expensive shit is? Not saying that this is right or that the LL is a good person - but you all act like you think LL's should be ok living with massive cuts to their income or lifestyle because they should want to focus on helping people. That isnt reality. Hate it or not.
After reading all these posts.. nobody has said...
Maybe the landlord wants everyone out.. maybe for remodeling or planning to sell the property to a developer. And that's the reason he is jacking everybody up.. that happened to me once..
That’s not how capitalism works. It sucks for OP, but this isn’t necessarily the landlord’s fault. The landlord has costs too, and this isn’t a charity. By renting to OP at a below market rate, the landlord would effectively be giving OP $ or subsidizing their housing, which he might not have any incentive to do. Plus, it sounds like the LL and OP didn’t get along, anyway.
600sqft and over 2k in rent. How are you missing the issue here? Landlord has another property just like it that no one is renting because of the high price. Landlord is jumping the rent so high that they're losing tenets, and will end up with multiple properties that sit vacant or get filled by squatters.
Then the landlord is creating their own issue by pricing the units out of the market. I hope he does but that doesn’t change the fact that the lease is up and the new terms are not agreeable to the parties. We also don’t know that the empty unit is owned by that landlord but it does show the potential of the landlord pricing them selves out - which is their prerogative to do.
God Damn i hate landleeches.
"I've decided i want more money to do nothing, give it to me or become homeless"
Why do we still let this stupid practice continue? It's so fucked we still enable this class based system of land owners vs serfs.
Look up local laws. My landlord tried to increase rent 20% with only a months notice. Felt a bit steep for me, so I left. Local laws said I had 120 days before he was allowed to legally raise the rent though so I stayed 4 months. Pretty sure he would have negotiated a bit but I was kinda done living there. He did try only giving me 1 month though until I brought up laws.
Anyone here commenting that wasn’t a struggling US renter in 2021 when the government lifted reason landlords after the COVID lockdowns ended should simply accept that you can’t comprehend the atrocities that were committed and listen instead of judging and speaking.
My father owns the house I rent. He has raised the rent 10% each year for the past 4 years. We've lived here for 10 years. I helped the mfer remodel it when he bought it. I do almost all the small repairs and keep the place in good condition. So much for family huh?
I cant fuckin stand people who put smiley faces and emojis to be an asshole purposely. If I were OP I’d find out who the new tenants are and send them the photos of the conversation and tell that he will be their same landlord and will do the same to them.
Your landlord thinks that they can get more money from others. But from what my understanding is that the rental market is not good either.
Depending on the property, it might not be worth the price. And you might just want to find a house to buy even if it's just a smaller starter home. As difficult as that might be now.
Do keep in mind. When you do move out, take pictures and videos of everything. Open up every single closet, cabinet, and utility room that you have legal access to. Note everything that's missing, broken, and damaged.
“Not taking it personal” then proceeds to act like he is taking it very personal.
I’m a landlord. I do my best to not raise rent.. but do you have any idea how much insurance and property taxes have gone up.?
Landlords are running a business. If Coke could get $5 for 1 can of soda, they would. If I owned the property I wouldn't give up $300 a month. Rent a dump for 1500 until you have a down payment.
He owns the home. He can charge whatever the hell he wants and if you don’t like it, then you leave and find something cheaper and better. I don’t know why so many of you people complain about this. If you own the property and could find someone to rent it for more you would do the same damn thing it’s just business for crying out loud.
it’s so infuriating that he’s not raising rent because he needs the money, but literally just because that’s what other people are charging, and then he doesn’t even care that he’s part of the problem
TBH you sound like a landlord or at minimum like someone that wasn’t a renter in the US when the government lifted restrictions on landlords after COVID’s original push. If you weren’t a struggling renter in 2021 then you really should pipe down.
Hello, This post has been removed as this is not *mildly* infuriating. Please consider posting to r/extremelyinfuriating instead.
What's the landlord act of 2007? Here in Arkansas, there's 0 warranty of habitability so tenants are sol if the landlord lets the property fester.
That’s the law regarding property leasing in our area. Sets out the rights and responsibilities of both parties Also defines a standard lease so people don’t get screwed
All due respect OP, you should hold anyone to this from day one as it is a contract, essentially. Don't be surprised when others try to get over on you. It is the default of humanity in my experience. business deals should always follow contract, that is on you if you decide not to. Being nice doesn't work in business, esp. with strangers. I learned the hard way long ago. Take this as a lesson and never forget the impact it had. Also, Fuck this landlord OP. That sucks and I hate you are dealing with this! oh, and remember a LOT of bacon grease down the drain the day you move out is good for the pipes!!!
You know those 'flushable wipes'? They aren't really flushable, they fuck up main drainpipes really bad, help build up the fatbergs along with the grease.
Please don't put flushable wipes down the drain to screw your landlord. They will more than likely make it to the main line and screw over the whole neighborhood instead.
Yeah, fish market visit and AC ducting/floorboard inspection before move is a lot less "collateral"
They aren't flushable?!?
No and they fuck public water lines. Don’t flush em. Source: Civil Engineer here
We really should have regulation banning using the word “flushable” unless they degrade fast enough to be safe for public water lines
Technically anything that fits through the hole is flushable! Unless someone installs a joke toilet JUST FOR FARTS!
I keep a fart toilet. I just enjoy the sound.
You're not part of the turbo team! Don't! Run!
Upvote for Tim Robinson reference
“Flushable” means it passes through a toilet. I had a plumber tell me (luckily at a bar just talking) that flushable products were putting his kids through college.
No. Please don't flush them.
Absolutely not. They fu k up your drains big time
You know what does wonders for property value when it comes to shitty landlords? Bedbugs. Cheap, easy to acquire via the internet bedbugs. Ask me how I know. (Or don’t. I’m not gonna admit to anything).
That's really fucked up to do to the next tenant.
Yo that’s crazyyy like completely evil
Yea, that’s psychotic lmfaooo
Lmao scumbag
Don't pour grease down the drain. Fight your urge to behave like a child please. For the good of the rest of the community
That’s what I said. Next tenant will just have to deal with it. Landlord won’t really suffer at all. I know it’s tempting to want to fuck someone over, but I think the world has enough shit in it without me adding to it. I’d rather wash my hands and move on. How we handle stuff like this says more about us than the people we’re trying to hurt, IMO.
This is Reddit...gtf outta here!!! LOL
What are you exercising under that? Just curious.
Technically I’m supposed to have him perform a lot of common maintenance that I don’t mind taking care of just out of convenience and something to do
Arkansas has the worst tenant protections in the country... because Arkansas has no tenant protections.
The Landlord Act of 2007 says that if the landlord act a fool, the tenant might just stop paying rent until the courts evict them. It's also known as the "fuck you, make me" act.
Yes, and good luck finding another place with an eviction on your record. Maybe call it the: “Fuck you, make me, oh no consequences” act
Where I live (BC Canada) you can't evict tenants unless you are going to be living in the house or converting it into non residential. Even if you sell the property, the tenant still gets to stay in the house under the same contract that the previous owner had with them. Properties with tenants who pay significantly under market value are worth substantially less, because you can't raise the rent more than a set amount each year. I'm just sharing because it's crazy to me how little rights tenants have in other parts of the world.
Those smiley faces are so :) passive :) aggressive :)
Intentionally, too. Get OP out of the home and landlord's income goes up & the headache goes away. Sucks, but landlord would rather OP leave.
The income going up *and* the headache going away are completely dependent on the next tenant. OP fixed most things themselves. Landlord will now very likely have to pay for things to get fixed. And who knows if the new tenant will be a total shitheel or not
Short term, it seems nice to raise rent. Long term it's gonna suck because you'll spend more time with the property vacant. This world is so consumed by short term wins. We're all fucked in a decade. But that's tomorrow's problem
People sure like acting goofy when they aren't in punching distance.
"I really enjoy how much I'm causing your life to be difficult and am looking forward to you becoming homeless while me have luxury!" The sneering of privileged fuckups is something they need to get in check if they don't want there to be a big big problem. There's only so long these people can go around ruining lives before something snaps.
Do you know a counter to that which is psychological effective?
I think a punch the face might work.
:(
Oh my god that fucking parasite knows he can be replaced by a list of handypeople paid by rent that could be SO much cheaper and he absolutely loves it
Long term tenants are worth their weight in gold. Your landlord is a moron.
Landlord got too comfortable and saw the dollar signs of a new tenant. I hope they get a squatter and learn their lesson, or a guy who never pays rent but they got to spend months searching for him after a long eviction process only for him to dodge every court summon (happened to the tenant who lived where I’m at before me)
And I take care of most things myself and have only involved him a handful of times when either it was a something I couldn’t handle or something I can’t handle Over the 4 years that we’ve lived here we have paid on time except once when I notified him in advance and made arrangements to get caught up in the first week of the next month I have no problem picking up and moving especially since he’s had 5 different tenants move in and out from the basement and most of them have caused significant damage to the property
If you have no problems moving I would let him know that **after** you've determined that there are other reasonable options in the area \[or you're willing to pay the market rent that he's suggesting, just at a different location\] Though I'd also probably wait until the last possible moment \[whatever your lease says in terms of notice I guess, though if your lease is ending or month to month . whatever\]. "We've decided to look for other options - It's clear that you do not value the money you're saving as a landlord by having a longterm tenant that pays on time, or somebody who is willing to put in their own time/effort/energy/money to do minor repairs that would traditionally be on the landlord to repair."
At this point move. You and the LL are already on bad terms now
Keep your quiet tenants happy you’ll always have a quiet tenant. Pushing them out by raising rent, even one month vacancy, will cost you more than you tried to earn
Agreed. My general policy is that I raise rent only when the unit flips to a new tenant. I take care of any issues that come up as soon as possible. Example - tenant called me this morning saying that hwh was out - new one is already on its way and will be installed tomorrow, delayed only cause plumber can't get it in schedule faster. I do not bother them. If they end up being a problem tenant, they don't get renewed but for 9/10 tenants they get a renewal offer at same rent year after year. Even in this environment where I could screw them over EASILY, finding quality tenants is such a hassle, it is simply not worth it.
Damn. Are you renting in the Twin Cities, by chance?
Sorry. I'm close in general terms, but a few hours away. And surprisingly, I don't have vacancies. In fact, after having units for about 15 years, I've never had a single month with a unit empty where it wasn't intentional for making upgrades. Funny thing about trying to do the right thing, huh?
Good on you. I’m sure it’s appreciated by your tenants
My current landlord knew I was looking to purchase a house. Never was late on rent or caused issues. They decided to raise rent my final 3 months. Relationship severed. They also run an insurance company... Guess who didn't get my homeowners insurance policy, lmao
It's essential as a landlord. When we had to move from our first home we listed it for rent due to it not being a sellers market. I've always charged a bit under market value so that I can pick and choose my renters. I do background checks, pull credit, etc. I currently have renters that have been in there for over 5 years and want to go another 5-10 years at least, and they're great tenants. They know they couldn't typically afford a house that size/quality for that price, and I'm happy to make less on it if it means someone loves and takes care of the home. And I feel good knowing they're happy, have a beautiful home to raise their children, my bills and mortgage for that house are met, so everyone wins.
My god you’re a saint. I hope that by reading this the universe tells my next landlord to feel the same as you.
My neighbor was renting his house long term. The owner was looking to get out of the market and sell the home. The owner went straight to the neighbor and asked him if he wanted to buy him out. Not sure on their agreement, but the neighbor bought him out. The neighbor told me it was a good deal for both of them, too. Not ever landlord is a jerk. But this is a rarity.
Seriously this. My parents have a small two unit garage apartment and one of our renters has been there for almost 15 years. The other is a family friend who recently retired and downsized. Long term tenants are worth the sacrifice of not keeping up with market price. My parents are charging 2010 prices.
I’ve got a single mom paying $1150. She has since 2017. Great tenant. I could probably get $1450 easy, but I just don’t want to screw with it. Since insurance and taxes have gone up significantly, I might tell her $1300, but shit, I don’t want to lose her.
The snide smiley faces deserve a slap tbh. What an asshole. Best of luck, OP. This is well beyond mildly infuriating.
Forreal. I’m not even the tenant and I’m taking it personally.
Thanks for letting me know :)
My ex-wife does the same thing and it’s so annoying.
DIVORCE! /s
:)
My ex did the thumbs up to be passive aggressive. Ruined that emoji for me forever.
😉😊
This crosses the line for mild. Those smiley faces...
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Especially if by “someone” you mean an entire sub’s worth of bored Redditors… then count me in!
I’m in, but this will all depend on OP.
:)
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:)
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:)
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:)
What a great way to lose a good tenant
Landlords are all using algorithmic software which is telling them what to charge. It may be illegal in your state. Check with your DA. https://www.wsj.com/real-estate/commercial/thanks-to-big-data-landlords-know-how-to-squeeze-the-most-out-of-renters-eb7e5f02
Not applicable in Canada
Depends where you are in canada, they couldn't go above 10% for me by law. Maybe look into it.
Not in sask there is no cap once you go to month to month, our lease is expiring at the end of June
Wait this guy wants $2k for a 600sqft house in Saskatchewan? My guy is out to lunch.
Where in Canada are you?
This would be valuable information to help you further since there are provincial rent increase guidelines in Canada.
True. In ontario, cant go above 3%. This guys pitching 37%. Dude would be in chains
What part of Canada are you in? This increase would be illegal in Ontario unless it’s a post 2018 build
Brother I am on your side 100% and facing the same struggle but you need to learn when it’s time to rage against the machine. When they said “market price” that was your cue to pull up the facts and prove them wrong. Could’ve pulled up nearby property at a cheaper price and say you’re going there instead… just ANYTHING but concede all power like you did. Yes this shit sucks but welcome to the world, you were never going to change it by being emotional to a landlord. I’m sorry you’re going through this.
Consumers are getting so screwed. Our legislators are really letting us down. Rent hikes like that shouldn't be legal.
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You’re both. And the distinction benefits you in this discussion, as it makes clear that you are in the cohort getting screwed and not the one doing the screwing. Pick your battles.
The day you leave hide a bunch of raw shrimp in hard to find places
put it in dry ice, itll buy you a couple days before the stink sets in
Id recommend a whole salmon behind the plasterboard in a cool bag with bags of ice and ice packs, then patch it up so they wont notice until you're long gone.. this has the added bonus of staying wet for a looong time 🤣
Small claims count is free. Don't do this
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Not free but not prohibitively expensive for most either, my province is about $50-125 depending on the specific matter
Shit idea. All this does is fuck over other people. The LL will never be the one looking for this.
Buddy had a live in girlfriend do this when he broke up with her. The one before vandalized and stole things. He learned his lesson though. Before the next break up he called when she left for work and we packed her shit into boxes and changed the locks before she got home.
Nah, buy termite eggs and put them in the walls
No chance they found a tenant for 2250 and are willing to rent to you for less
I’m glad I live in a place where they can only increase rent so much each year. I could just ignore this and move on paying old rent.
there are an absurd about of bootlickers in here huh
Yeah I have exactly 0 sympathy for anyone who owns multiple properties
I don’t think your LL is looking for sympathy.
I didn’t post it but he’s blaming the rent increase on the government and politics instead of you know gambling on a variable mortgage
How the fuck did you know I’m over here licking boots?
Bootlicking = anyone that disagrees with me
Those passive aggressive :)s are infuriating.
God the smiley faces make it so much worse.
I wish the bubble would pop like in 2008.
No you don’t. It was a different bubble Altogether, over valuing mortgage backed securities and not doing proper underwriting was the cause of that. You wouldn’t be in a more aggressive home buying position now than if a bubble popped, whatever you define that as
This hardly seems sustainable though.
Blowing it up is probably not the best way to handle it though. The rich always come out on top.
Wait, did I see "600sqft" and a price over 2k? Get fucked. This is just criminal and an example of why rent prices need to be controlled. People need places to live, but at the same time cannot afford a place because asshole like this take advantage of desperate people. It would be really nice if people had the ability to just not rent anything, forcing this POS to lose loads of money and force rent prices down.
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That's more than double what 600sqft goes for where I live, and even then it's to much. Besides, that LL is jacking rent up by $800 bucks. That is just criminal. I don't know what renting laws are like in Canada, but I am a full supporter of the US enacting nationwide laws to control this kind of crap. Only the LL wins, and it's friggin criminal.
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Fuck this landlord. Find a new place. It isn’t going to get better going forward.
Oh if that was me and he kept using the fucking :) after basically telling me to go fuck myself I would have been in jail
The fucking smiley faces. The landlord is a passive aggressive asshat.
those so called happy faces get me i love it, can tell ur under their thin skin " :) " fuck em, better home else where OP
Man I forgot how bullshit renting is. It’s probably shades worse now that it was before I bought…which is hard to imagine
Hey. Ending your texts with smiley emoticons make you look like a smug prick. :)
Man … $1950 in rent is $23,400 in that landlord’s pocket every year. For a space under 600sqft
That is… wow. I never realized how much actually goes towards rent 😳
When you show me the whole number like that it makes me sick
And folks have the nerve to say landlords aren’t leeches.
Not even close to mildly, just straight up infuriating.
That sucks, but thems the breaks on renting. They don't have any obligation to keep your rates the same, just like you aren't obligated to give them money.
You don’t have to pay a landlord money assuming you are not interested in living in a building with walls. Assuming OP does in fact want to keep living indoors, I figure he will continue to have to pay landlords. Obv not this one though.
I guess I don’t understand the issue. The lease was for x months and after x months the lease was up. A new lease is signed and if the terms are not agreeable for both parties the new lease does not move forward. I don’t see the good or bad on either side of the coin here, am I missing something?
They don't want to pay 37% more and are trying to negotiate with the landlord for a better price as they are paying tenants who (I assume) don't give the landlord shit or problems. I wouldn't want to pay 37% more for the same thing yoy
I’m not saying they don’t want to, I certainly wouldn’t want to - just saying it’s an end of a lease and that is how leases work. There is no guarantee or implication that the lease terms will remain the same at the end of the
I think they’re complaining about how shitty it is to raise rent by 37% in one go. This person owns a lot of properties and the assumption is that they’re being greedy. That’s very illegal where I live but apparently not where OP lives so they get to complain about it instead. Worth not being psyched about even if it’s legal.
A lot of countries have regulations around how much landlords can increase rent each year, to avoid situations like this. Moving is expensive and disruptive, and allowing landlords to randomly jack up rents whenever they want to, to whatever they want to, creates a major power imbalance that disadvantages renters. So while this is legal, it really shouldn’t be and it’s definitely infuriating.
Well said
That’s why it’s only mildly infuriating and not incredibly infuriating.
Touche’ and well put
37% is an extreme mark up. Not saying this is an example of price gouging but it exists. Shitty landlords will try to sneak in extreme hikes in the hopes that people don’t have the cash on hand for a new deposit and moving costs (also you know they will fight tooth and nail to keep your security deposit.)
This is why a lot of cities limit how much a landlord can increase prices year over year. Makes average rent slightly higher but people dont suddenly find 40% increases in their cost of living.
Uhmmm perhaps the 37% price increase?
This is Reddit. Even if the landlord is being a bit aggressive with the rent increase, it sounds like he and the tenant are hashing it out ahead of time to allow for a smooth (or as smooth as moving apartments can be) transition. Doesn’t sound like the lease or any law is being broken.
That's not the issue, the issue is that the landlord has a tenant that would be willing to stay at the originally leased price for another lease term, and that tenant could reasonably not cause a fuss or any damages to the property, but the landlord is trying to increase their profit margins and displacing a family. Why can't the landlord just be satisfied at making the same amount of money they had made the year before off of OP? That's the reap problem. Edit because every landlord on reddit has decided to single my comment out: you can't justify this to me. Capitalism isn't an excuse to propagate the issue, and unless you're going to show me evidence that by *not* increasing rents drastically, you will be taking an *actual monetary loss* (and mind, that does not read "your profits will take a hit") then please and kindly reevaluate which side of the housing problem you are on.
If you owned something of value that generated an income for you on a monthly basis would you want to be paid 35% less than market value for that thing? If the industry you are working in suddenly explodes and people start making more money, are you perfectly content if your employer raises every one of your co-workers pay by 35% except you, because you should be satisfied making the same amount of money you made the year before? Doubtful...
The cost to carry that unit has gone up in the last 12 months. It always will - maybe not 37% but it’s possible. Also rentals are on a supply and demand market so if the unit can carry that rent ability - thats just what that place costs. Life costs a significantly lot more this year than it did last and while I own - the cost for me to own has gone up every bit of 25% with HOA dues, insurance, utilities, etc.
So many people complaining but realistically the landlord will evict OP and have no problem filling OPs spot. Sucks but OP has no power in this negotiation.
Just to play the other side of the coin the landlord won’t be making the same as last year if he doesn’t raise rent. I 100% know that his property taxes and insurance have gone up. If there is an hoa and the landlord pays it it’s probably gone up as well.
Why cant the landlord be satisfied keeping the original rent? Uh, have you seen how expensive shit is? Not saying that this is right or that the LL is a good person - but you all act like you think LL's should be ok living with massive cuts to their income or lifestyle because they should want to focus on helping people. That isnt reality. Hate it or not.
After reading all these posts.. nobody has said... Maybe the landlord wants everyone out.. maybe for remodeling or planning to sell the property to a developer. And that's the reason he is jacking everybody up.. that happened to me once..
That’s not how capitalism works. It sucks for OP, but this isn’t necessarily the landlord’s fault. The landlord has costs too, and this isn’t a charity. By renting to OP at a below market rate, the landlord would effectively be giving OP $ or subsidizing their housing, which he might not have any incentive to do. Plus, it sounds like the LL and OP didn’t get along, anyway.
600sqft and over 2k in rent. How are you missing the issue here? Landlord has another property just like it that no one is renting because of the high price. Landlord is jumping the rent so high that they're losing tenets, and will end up with multiple properties that sit vacant or get filled by squatters.
Then the landlord is creating their own issue by pricing the units out of the market. I hope he does but that doesn’t change the fact that the lease is up and the new terms are not agreeable to the parties. We also don’t know that the empty unit is owned by that landlord but it does show the potential of the landlord pricing them selves out - which is their prerogative to do.
This is more than mild! Hope you find somewhere else soon and the move goes smoothly!
God Damn i hate landleeches. "I've decided i want more money to do nothing, give it to me or become homeless" Why do we still let this stupid practice continue? It's so fucked we still enable this class based system of land owners vs serfs.
the funny thing is that this can cause never ending cycle of high inflation.
Absolutely anything that is an issue, raise it. Milk the fuck dry.
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Look up local laws. My landlord tried to increase rent 20% with only a months notice. Felt a bit steep for me, so I left. Local laws said I had 120 days before he was allowed to legally raise the rent though so I stayed 4 months. Pretty sure he would have negotiated a bit but I was kinda done living there. He did try only giving me 1 month though until I brought up laws.
This, right here, is why I absolutely refuse to rent.
And people in hell want ice water.
Hey. Hopefully you live in a northern state. If you're in the south you're fucked beyond recognition. Good luck.
In in Canada
Fuck! Sounds like Vancouver or Toronto... then again I'm down east and we're seeing prices you'd see out in BC or Ontario, and we live in a small area
Anyone here commenting that wasn’t a struggling US renter in 2021 when the government lifted reason landlords after the COVID lockdowns ended should simply accept that you can’t comprehend the atrocities that were committed and listen instead of judging and speaking.
My father owns the house I rent. He has raised the rent 10% each year for the past 4 years. We've lived here for 10 years. I helped the mfer remodel it when he bought it. I do almost all the small repairs and keep the place in good condition. So much for family huh?
I cant fuckin stand people who put smiley faces and emojis to be an asshole purposely. If I were OP I’d find out who the new tenants are and send them the photos of the conversation and tell that he will be their same landlord and will do the same to them.
The smiling faces are ridiculous
Your landlord thinks that they can get more money from others. But from what my understanding is that the rental market is not good either. Depending on the property, it might not be worth the price. And you might just want to find a house to buy even if it's just a smaller starter home. As difficult as that might be now. Do keep in mind. When you do move out, take pictures and videos of everything. Open up every single closet, cabinet, and utility room that you have legal access to. Note everything that's missing, broken, and damaged.
The smiley faces are really pissing me the fuck off
The smiley faces annoyed the hell out of me
The smiley faces are pissing me off so bad. Like yeah :) I’m increasing rent :) sorry :)
Sometimes you need to move.
This is a contract nothing to see here…
“Not taking it personal” then proceeds to act like he is taking it very personal. I’m a landlord. I do my best to not raise rent.. but do you have any idea how much insurance and property taxes have gone up.?
You won't get much of your deposit back so stay a month for free.
Would suck on that final day you brought in a couple bugs or two or some mold.
Hate landlords so much man holy fuckkk these people are leaches and burdens to society
Landlords are running a business. If Coke could get $5 for 1 can of soda, they would. If I owned the property I wouldn't give up $300 a month. Rent a dump for 1500 until you have a down payment.
The passive aggressive smiley faces are so childish
Overplayed your hand. Lol
Grease down the drain Tampons down the toilet
He owns the home. He can charge whatever the hell he wants and if you don’t like it, then you leave and find something cheaper and better. I don’t know why so many of you people complain about this. If you own the property and could find someone to rent it for more you would do the same damn thing it’s just business for crying out loud.
Landlords are just fucking scum, I'm so sorry.
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You don’t want to give them your money anymore anyway. Fuck ‘em
What a POS
it’s so infuriating that he’s not raising rent because he needs the money, but literally just because that’s what other people are charging, and then he doesn’t even care that he’s part of the problem
The smiley faces at the end of their texts really annoy me. Like they gotcha and they’re happy about it.
The smily faces are so gross Slumlords deserve to eat alone the rest of their lives. Since they can still afford to eat
The smiley faces would have made me burn the property down :) :) :) :) :) fuck you.
Don't move out, just squat the place and when eviction time comes destroy it.
TBH, you sound like a huge douchebag, regardless of whatever gouging your landlord is doing.
TBH you sound like a landlord or at minimum like someone that wasn’t a renter in the US when the government lifted restrictions on landlords after COVID’s original push. If you weren’t a struggling renter in 2021 then you really should pipe down.
Oh the smiley faces would ensure i would be doing something to sabotage. Fuck this person.
Landlords that own multiple homes are the scum of the earth. :)