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by throwawaygh
1876 days ago
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>>> 80% >> 30% > same price per month, longer lease So... zero percent inflation. But this isn't even the most confusing part of this thread. The most confusing is your next comment in the context of your concern about inflation. > Signing a longer lease demonstrates that the new lease isn't like the old. Okay. But if you earnestly believed what you're saying about inflation then locking in 2019 prices for 15 months instead of 12 months would be a GOOD thing for you! You'd be locking in a fixed price for a longer duration during a period of high inflation. I've signed a three year residential lease in markets with high housing inflation and felt like I was getting away with murder (and I was under-paying by about 500/mo toward the end of that lease). If you expect inflation, then you want longer leases at fixed-in prices!!! The price per month of your housing has increased ZERO percent, AND your landlord is betting AGAINST rent inflation in their market. |
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