A win is a win

May 4, 2026 8:49 PM

thisiswhereipee

Views

15167

Likes

361

Dislikes

11

Ours advised that rent was going to increase, but that they were excited we intended to stay. It went up $50, which is to pay for them to use a new system for rent collection (I currently pay them via venmo monthly).

Sometimes landlords don't suck. They even explained why they rented and seem like good people.

3 months ago | Likes 3 Dislikes 0

Noice that's awesome! I recently moved into a new place where I pay noticeably below market rent. When I asked my landlord why that is, he just said something like "this city's too expensive, I just try to keep it reasonable"
Fuckin eh, I'm not gonna argue

3 months ago | Likes 11 Dislikes 0

No takesies backsies!

3 months ago | Likes 14 Dislikes 0

Nopesies Nuh Uhnsies

3 months ago | Likes 7 Dislikes 0

We rented from the same landlord for 5 years and he never raised the rent. We paid on time all through Covid - they knew they didn’t want to lose us. We wound up buying the house and our mortgage was actually a little more than the rent!

3 months ago | Likes 8 Dislikes 0

Tell them. It may cost you but you might also find that the verbal contract carries more weight than you realized. It can easily be argued that the written one is an error...especially when you have social media posts that confirm you understood it was a mistake.
Depending on the jurisdiction, failure to inform the other party can be considered bad faith or even fraud.
The law treats contracts as to their intent. A "scrivener’s error" is not going to be interpreted as the original intent.

3 months ago | Likes 25 Dislikes 1

Oh, I definitely verified a double discount! Turns out it was intentional. Idk why they did it, but I'm not going to look a gift horse in the mouth

3 months ago | Likes 36 Dislikes 1

Speaking as someone with a rent house --- If they are on time, I give 1-2 rent drops per year and pay for an anniversary date. Eventually I want them to GTFO and own a house and that doesn't happen if I raise rent. In the meantime, if they move out, I'm out about 1-2 months of rent which is more than my discounts I give to be honest. Initial rent was less than market too because I'm not trying to get rich on this deal.

3 months ago | Likes 7 Dislikes 0

Good on you! Karma came through for ya!

3 months ago | Likes 12 Dislikes 0

That may be a "you earned it because you were honest"-thing, really.

3 months ago | Likes 9 Dislikes 0

if your landlord is a human and not a corporation, then odds are it's actually a win-win for them too. It's often cheaper for you to stay than it is for you to move but that said being able to bump rent by 3 to 5% often makes up for the loss

3 months ago | Likes 109 Dislikes 1

Yeah, someone moving out means they have to prepare it for someone else, taking time and money, and they often pay to advertise the vacancy.

3 months ago | Likes 23 Dislikes 0

Tbf, when they bump the rent by 3%, that’s usually keeping it the same price adjusted for inflation. It’s when the rent is going up by 12% or 15% that you are getting screwed.

3 months ago | Likes 10 Dislikes 1

Because my wage is also increasing too?

3 months ago | Likes 1 Dislikes 0

I mean, it should be? If inflation is 3%, and your job gives you a 1% raise, you actually got a pay cut.

And the cost of repairs and maintenance also goes up, as does insurance and property taxes because the replacement cost of building a similar house goes up.

3 months ago | Likes 1 Dislikes 0

3% a year aint inflation thats straight up greed. They're already coming out massively ahead, and are way beyond inflation in price increases. Increasing the price on a property every year while wages stagnate is just getting more money because you want it.

3 months ago | Likes 9 Dislikes 3

I can't speak to where you are. But the idea that landlords are coming out massively ahead is maybe true for the big players, but not for the little ones. When you factor in, insurance, repairs, upkeep, etc. Most small landlords are one broken appliance away from not turning profit for 6 months.

Like sure if you're willing to gouge people and not put aside money to repave the parking, or re-do the roof, or spend like $3,000 refreshing the place between tenants, then sure. Otherwise not so much

3 months ago | Likes 2 Dislikes 0

Tbf, a lot of small landlords are barely breaking even on cash flow, BUT that’s because every month they are forced to pay down their mortgage balance, so they aren’t making $20, they are making $220 but forced to pay $200 to reduce the mortgage balance and will get that back when they eventually sell the property.

But someone making $200 a month out of $2,600 rent, the landlord’s cut isn’t really the main issue, it’s that we don’t have excess housing units built.

3 months ago | Likes 1 Dislikes 0

3% of 1500 a month is 45 bucks.

3 months ago | Likes 3 Dislikes 0

Pre 2020 inflation was around 2% every year. There was a pretty bad spike 2020-22 for obvious reasons, and since then it’s been averaging just under 3%. Since 2023, inflation has averaged 2.72% per year. Paying for repairs or buying groceries or paying utilities etc, $1.08 in 2026 buys what $1 bought in 2023. If your rent was $1k in 2023, the same amount of money today would be $1,080. Same reason why it’s a standard cost of living raise, an annual raise of less than 3% is actually a pay cut.

3 months ago | Likes 11 Dislikes 1

Like, no one is asking for rent and housing to go back to 1970 prices of $108 for a 2 bedroom. Just for rent to be about the same chunk of a median paycheck, instead of exploding, that was about 1/8 of the $822 average monthly pay in 1970. Proportionally, rent on a 2 bedroom today should be $702 to be the same chunk of a median paycheck, or straight adjusted for inflation $896.

Instead it’s $1750. No one is upset rent went up, really, just that it went up faster than inflation.

3 months ago | Likes 6 Dislikes 1