3 ms·
I think in this case, it may be because it's December and they don't want to have to rent it out in this season next year? I rented an apartment in December onc
by telotortium 4y ago
I think in this case, it may be because it's December and they don't want to have to rent it out in this season next year? I rented an apartment in December once (moving for work), and I might have gotten a better price due to that.
Also good to stagger lease expirations so not everyone is moving in and out at the same time.
- bobthepanda 4y agoAt least where I live (Seattle) it’s known landlords deliberately shift leases to end in summer, which is when rents are higher due to new graduates moving to the area and spiking demand. If you get offered in summer you’ll get 12-month as the cheapest. Coincidentally there’s a class action suit against landlords in Seattle about the subject of the article.
- edmundsauto 4y agoI lived in the Bay Area from 2018-2021 and never saw 12 month options. I think I signed leases in December, February, and May-ish. But yeah, sounds like a way to avoid seasonality.