this post was submitted on 11 Jan 2024
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Which is why I plan to never move. My rent has never gone up and I keep printing out and signing extensions. I have the laziest landlord ever. Guy can't even be bothered to raise my rent since that would involve some level of work on his part.
He may just be satisfied with you as a tenant and doesn't want to raise the price so you will stay. Not every landlord is a dick.
Or he's just lazy as you said.
I'd second the "not every landlord is a dick", some will even lower the rent price when the demand goes down even though I continue to rent, not start a new one.
But that's relatively rare, unfortunately
My mother is like this. She rents out her house for under half it's market value.
The tenants know they have it good though and do a lot of things that really should be my mother's responsibility like pay for or do minor repairs when they come up.
I have told my mom that the needs to raise rent at least some because she's not saving enough for big things that will come up like roof replacement, but she's terrified of her tenants leaving.
that's what we used to have here... stable and very reasonable rent for 20 years, through several ownership changes, even. then this last and current one is just your stereotypical greedy landlord,