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by throwawaygh
1878 days ago
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> Houston, March 2019, my rent renewal was $1500/mo for a 12-month lease or $1500/mo for month-to-month or a new contract. Houston, October 2020, my rent renewal was $1500 for a 15-month lease or $2100/month for month-to-month or a new contract. Is there a typo here? You have to sign a longer lease but you are paying the same per month... that's a 0% increase. And as for month-to-month, paying zero premium for a month-to-month lease is abnormal in pretty much every market... |
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Signing a longer lease demonstrates that the new lease isn't like the old.
Otherwise let's compare apples and oranges in the economy too.