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Originally Posted by Shazam
What does my having good references have to do with landlords? If landlords won't fix stuff, what's my recourse?
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Good landlords (who fix things) look for good people with good references.
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Lease agreements notwithstanding, there's a cost to move.
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I didn't say there wasn't a cost to moving, but renting makes it a lot easier and cheaper to do it if the situation arises.
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Rental properties are also mortgaged, so if you believe interest rates are going up, this will also affect rental rates. If you believe that the rental market is competitive, then this will also raise rental rates even for properties that aren't mortgaged anymore.
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I'm going to get flamed for this but here goes...the amount of rent that can be charged has more to do with local income levels than current property values. If not, rental rates would have shot through the atmosphere too, but that hasn't happened.