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by mmarq 1457 days ago
Contracts will be perpetual or will last decades, with rent increases linked to inflation. Tenants will be able to end their tenancies with 1-2 months notice, landlords won’t be able terminate a tenancy unless they have to move into the property or the tenant is not paying rent.

This is how renting works in Western Europe.

2 comments

Last time I rented in the UK it was 1yr contracts that I had to renew and hope it didn't go up in price. Is that not the case anymore?
Nothing has changed since Thatcher, I was describing a scenario where the UK completes its westernisation process and abolishes S21.
Not quite true, they changed it a few years ago so agencies had to stop scamming both tenants and landlords out of massive fees (often charging both for the same thing) every time the contracts were renewed.

That and the tenancy deposit scheme overall has made renting a lot less stressful than it was a decade or two ago.

These are all very minor changes. Yes, agencies can’t steal 100£ from you for each renewal, but they replaced it with commissions.

The tenancy deposit scheme is again a fake solution. Landlords can still block your money for months and force you to accept some deductions (because a fork is missing or the flat hasn’t been “professionally cleaned”). If you are money constrained and don’t have enough money to pay 2.5 months of rent (first month plus deposit), you are forced to give accept your landlord’s deductions in order to move to the next flat.

It really depends on country for Finland that is certainly not the way. 1 year contracts turning in perpetual ones are somewhat new standard, but this is by the landlord to protect their gains. Otherwise it is always 1 month notice from renter or 3 month in case of less than 1 year and 6 months for landlord.