A lease is also a plus for the renter that the rent will not change for the duration of the lease. Some places rent month to month but they may up the rent ever

A lease is also a plus for the renter that the rent will not change for the duration of the lease. Some places rent month to month but they may up the rent every month if the market suggests they can. Of course that could be solved by regulation I guess if a landlord was only allowed to change the rent between tenants and or once a year or so.