6 ms·

In Australia, it's common for students to share a house, and all go on the lease. This favors the landlord, because each tenant is liable for the entire rent.

• teddyh 13y ago
  This is in university areas, with many students, I assume. In those areas, the large masses of students have made landlords open to this kind of arrangement, and they are used to dealing with students and their… special… economic situation. But try it in a non-university town where non-students vastly outnumber the students? I don't think so. The landlord has everything to risk and nothing to gain by doing strange and unfamiliar things. If they have even heard of the practice, it's only for students, in student-dense areas, in housing long used in this way, with all the features (internal locks for each room, etc.). Why would they risk their nice house when they can just rent to somebody else?
  • jpau 13y ago
    Having multiple people on the lease is not a strange practice in Australia; it's normal and not as you described. When signing the lease you're not signing for a room, you're signing responsibility for the rent and condition of the whole house/unit (excluding responsibilities remaining with the landlord, e.g. maintenance). Each of your housemates are too. Rents are expensive. It makes no financial sense to live by yourself. Even in my home town - which has no substantial university - it's generally assumed that if you rent and do not have dependents, you almost certainly have housemates.
    • teddyh 13y ago
      Interesting. I would guess that the general economics have forced the landlords to accept and perhaps even promote this scheme, as it's the only was they can find a market for their services. I wonder if this acceptance will keep once the economics changes?
      • jpau 13y ago
        I think you have it the wrong way around - it's not a demand-driven arrangement, but a supply-driven one; landlords prefer to have more than one person responsible for the lease, provided the tenants have sound integrity. It's like standing on one leg; if that leg crumbles, you will fall and land hard. But if you have two legs, one leg can crumble and the other gives you enough time for you to land gently. If you... magically had a third leg (and weren't standing with them in a triangle?), you might not even notice that one leg stopped working.
        • teddyh 13y ago
          If that's the case, why hasn't this naturally occured everywhere? Why only in Australia and for students in university towns?
          • wooster 13y ago
            I don't understand why you think this is unusual. At least in the areas I've lived in (LA, Silicon Valley, San Francisco, Seattle, …) it's been very common.
          • lookingsideways 13y ago
            This is the norm in the UK too for shared housing. You have multiple named tenants on the lease and each is responsible for the full rent if the others can't pay.
  • vacri 13y ago
    Rents in Australia have followed the exhorbitant house pricing, and these days if you want to rent, you either share a house, be a well-salaried person, live in a dog box, or live in the boondocks. There's no such thing as a single person on a median or lower wage renting a house in a nice area anymore.