Got home tonight to find a letter from my Real Estate agent.
They're putting the rent up $10 a week from the 24th of November. That's the second rise this year (the last one was in May 2007, which was $20 a week), for a total increase of $30 a week over the last six months. My rent will have increased $130 a month in just under a year, but I'm still in the same apartment, go figure.
So I guess I will make a list of the all the things wrong with the apartment and hope they fix as much as possible for that extra $30 a week they're getting from me.
I'm genuinely shocked I have to say. This place isn't even close to posh, in fact it's quite dodgy. That's the Sydney rental market for you though.
Tuesday, 4 September 2007
Real Estate Woes
Posted by Debt Dieter Labels: apartment, real estate, rent
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I like your blog and look forward to reading it regularly.
ReplyDeleteI've listed it on my blogroll.
Hi dd
ReplyDeleteAre you ok?
hi, thanks for your visit, I love finding new pf bloggers and another Aussie as well!
ReplyDeleteThe rental market is just going up and up at the moment, $30 a week in 12 months is a lot.
I am looking foward to reading your blog.
The rental market in Melbourne has also gone crazy as well. Some of our friends had to part of an rental auction to even be considered for potential tenants.
ReplyDeleteIt is tough for the rentals but great from the landlords.
Sorry to hear that your rent went up $130 in the last 12 months. As a percentage, how much is that?
I'd do the same as well. $130 a month is HEAPS!! I'd make them keep the place in tip top shape too.
ReplyDelete