Eskelian | Mon 20-Aug-07 01:23 PM |
Member since 04th Mar 2003
2023 posts
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#1299, "RE: Also:"
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Renters markets tend to have better policies towards renters. The state of NY as a whole has pretty good tenant rights. NYC is extreme, Arkansas is the opposite extreme and everywhere else falls somewhere in between. Having your rent double at the end of the lease isn't the end of the world, you can always just move somewhere else.
It varies place to place but typically the minimum notice is 30 days before the lease renewal and many places have requirements for 90 days notice or 30 days notice with chance to appeal or whatever. Either way, if the landlord wants to say, sell the house, you're probably SOL and have to move but its pretty unlikely that your rent will double overnight.
The cost of that happening the once in a lifetime that it does isn't a dealbreaker in terms of the financial argument. Landlords can be a pain in the ass but there are things you can do to make it not so annoying.
The difference being at least you can fight it, or push a multiyear lease or whatever and have some sort of control over the situation. Land taxes are based on laws that can change - a contract is somewhat better.
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Followup to my house thread.
[View all] , Eskelian, Sat 18-Aug-07 01:17 PM
Interesting Article,
Kastellyn,
20-Aug-07 01:26 PM, #13
RE: Interesting Article,
Eskelian,
20-Aug-07 01:40 PM, #16
An example of a house being an investment.,
jasmin,
20-Aug-07 12:52 PM, #11
RE: An example of a house being an investment.,
Eskelian,
20-Aug-07 01:33 PM, #15
RE: Followup to my house thread.,
Adhelard,
20-Aug-07 12:08 PM, #8
Tangent:,
Daevryn,
20-Aug-07 12:21 PM, #10
RE: Tangent:,
Adhelard,
21-Aug-07 01:08 PM, #17
RE: Tangent:,
Daevryn,
21-Aug-07 02:35 PM, #20
RE: Followup to my house thread.,
Eskelian,
20-Aug-07 01:30 PM, #14
Yeah, I agree,
Adhelard,
21-Aug-07 01:15 PM, #18
RE: Yeah, I agree,
Eskelian,
21-Aug-07 01:49 PM, #19
Don't forget to factor in:,
Daevryn,
19-Aug-07 06:24 PM, #3
Also:,
Valguarnera,
19-Aug-07 06:41 PM, #4
RE: Also:,
Eskelian,
20-Aug-07 11:26 AM, #6
RE: Also:,
Daevryn,
20-Aug-07 12:19 PM, #9
RE: Also:,
Eskelian,
20-Aug-07 01:23 PM #12
RE: Followup to my house thread.,
Isildur,
19-Aug-07 11:54 AM, #1
RE: Followup to my house thread.,
Eskelian,
19-Aug-07 02:44 PM, #2
RE: Followup to my house thread.,
Isildur,
19-Aug-07 08:40 PM, #5
RE: Followup to my house thread.,
Eskelian,
20-Aug-07 11:32 AM, #7
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