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Originally Posted by WarrenC12
Too bad Klazu, I feel for you.
Sadly, the landlord will probably lose a few months rent learning that they are asking too much, and wish they had you back in the summer.
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Thanks, Warren. This is also something we highlighted to them as a very valid risk not necessarily worth taking when the difference between what we were ready to pay and what they were asking was around just one month's rent. Other units renting for those high prices in this building are also mostly aiming for just 2-3 month short-term leases, meaning that there is a lot of downtime between tenants and tenants keep changing a lot.
That is a very different situation vs. having someone live in the unit around the year and bring in a steady and completely worry-free income of close to $50k (!!!) annually.
Quote:
Originally Posted by a very long weekend
Again, the new owners probably overpaid and couldn't afford not to seek top dollar.
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We don't know what the case is, but they seem to be approaching this from a buyer's perspective. We were given arguments like "the building was so properly built" which is not relevant to a tenant. All a tenant cares is in what condition the unit is in today and doesn't care about how sound the structure might be or how big status symbol the building was when built 14 years ago. It's pain and simply old when there no renovation has been done.
Anyways, I am not that unhappy about the result when knowing that this may end up saving us as much as our car lease and insurance is. The point being, the money potentially saved with moving out can be used in a much better way elsewhere.