earlyretirement
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- Oct 24, 2010
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I totally agree with those that say there isn't anything you can do. You have absolutely no ground to stand on if you have no rental contract and are going month to month.
Definitely if you want to lock in a set rent, sign a long term lease which will protect you but absolutely there is anything wrong if your landlord wants to raise the rent. You have the advantage and flexibility on a month to month lease to leave when you want. So you have to accept the consequences of a possible price increase in a country where inflation is running 30% a year if you don't sign a long-term lease.
If you think you can do better somewhere else then just leave at the end of your lease and I'd recommend signing a longer term lease wherever you go.
Definitely if you want to lock in a set rent, sign a long term lease which will protect you but absolutely there is anything wrong if your landlord wants to raise the rent. You have the advantage and flexibility on a month to month lease to leave when you want. So you have to accept the consequences of a possible price increase in a country where inflation is running 30% a year if you don't sign a long-term lease.
If you think you can do better somewhere else then just leave at the end of your lease and I'd recommend signing a longer term lease wherever you go.
