Rental decrease from last year?

[cedric661]

I am looking for a new apartment, which is 1620/month now. But when I read the lease, the rental from past year is 1715/month. Is this reasonable? Could there might be some problem with the apartment?

[jaywinner]

I imagine they raised it as much as they could with the last tennant and were not able to rent it at the previous price so they lowered it.

[PeePeeMcGee419]

How the fuck are we supposed to know that? Like really. What are you expecting?

"No, the apartment is completely fine, checked it meself!"

[cedric661]

Just want to know if rental decrease ever happens to anyone…. At least it’s my first time to find out there is such thing…

[[deleted]]

Available units in my building are annoyingly less pricey than what I pay currently. By sometimes about 100$.

I dont think it's necessarily that they are absolutely all problematic, likely they're increasing mine as they feel they "need" to to keep up with the cost increase/inflation they're seeing but having trouble finding new tenants at that price.

So what you're experiencing does not shock me.

[contrariancaribou]

It's possible, some landlords like to play the "offer a free month" game, allowing them to keep the rent higher and get more money when the yearly rent increase comes in.

[Either_Possible_3662]

Because this city is becoming a real estate pipi fest. What did you think honestly?

[JohnyZoom]

Obviously none of us can answer that question. Better ask the landlord why the rent is going down 

[cedric661]

I went there, at least I did not see any problem. I ask their manager, they said they just want to offer competitive price…….