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<blockquote data-quote="nucopia" data-source="post: 660302" data-attributes="member: 5588"><p>How nice (sarcasm) that the Realestate is giving you the option to pay the increased amount knowing that if you can pay , you will and if you cant, then they just give you notice to vacate and find some one that will pay the increased amount.</p><p>They have little to loose in this scenario LW especially if they have a list of people waiting to rent, they just exchange a tenant that cant pay the increase (you) for a tenant that can pay..</p><p>Also the real estate is increasing their revenue with the % increase in management fees they can charge on the increased renatal amount i.e 8% of $550 compared to 8% of $420 ..is an increase in revenue for their business.</p><p>Its not just the landlord that is going to be happy about the rent rise..</p></blockquote><p></p>
[QUOTE="nucopia, post: 660302, member: 5588"] How nice (sarcasm) that the Realestate is giving you the option to pay the increased amount knowing that if you can pay , you will and if you cant, then they just give you notice to vacate and find some one that will pay the increased amount. They have little to loose in this scenario LW especially if they have a list of people waiting to rent, they just exchange a tenant that cant pay the increase (you) for a tenant that can pay.. Also the real estate is increasing their revenue with the % increase in management fees they can charge on the increased renatal amount i.e 8% of $550 compared to 8% of $420 ..is an increase in revenue for their business. Its not just the landlord that is going to be happy about the rent rise.. [/QUOTE]
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