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How can i fight a rent increase?

fight increase rent
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How can i fight a rent increase?

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There was a happy ending to this story. The landlord decided to keep the rent as is and not push for a rent increase. Thanks to everyone for the advice and encouragement!

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Read this article and show it to your landlord. Let them believe you are willing to move, but will stay for the convenience if the rent remains flat. Otherwise, they will be facing a hard time replacing a good tenent like you who pays the rent on time.

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Other than knowing that the rental market in NYC is FUCKING NUTS, I don’t know much about it, but I do know in Chicago landlords can only raise the rent about 10% (someone please correct me on this, I know I’m mis-remembering.) This is wrong. There are no such rules in Chicago.

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Yes you can argue the price down. I had landlords offering me rent reductions without me even asking when I was looking for a place a month ago. The market is bad, now is the time to negotiate. Just tell them you don’t particularly want to move, but there are a number of comparable places on the market for significantly less and you want them to match the market. See what they come back with. And seriously, I know you don’t want to move, but people are getting some amazing deal in NYC right now, it’s really worth it to at least see what you can get especially if you aren’t in love with your current place.

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Yes, you can, without too much effort, but only if your rent is roughly average for the area and the market is relatively soft. You’ll only know this if you start looking for another apartment. You never know… your rent might actually be higher than the area average, and the landlord is taking advantage of your desire to not have the hassle of moving. Either way, give the management company a chance to be gracious when you negotiate. Their hands might be tied by the property owner who has a particular number in their head and won’t be budged. If that’s the case, though, if your counteroffer is rejected, the management company themselves might be able to recommend another property for you. Particularly if you’ve been a stellar tenant!

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