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Rents tend to be inflation adjusted. Mine adjusts automatically every year based on the inflation figures. So while your pension remains the same, your rent wil
by zmb_ 11y ago
Rents tend to be inflation adjusted. Mine adjusts automatically every year based on the inflation figures. So while your pension remains the same, your rent will jump and you suddenly cannot afford it. The end result is the same: You'll have to negotiate with your landlord (cut the price vs. skip the inflation adjustment).
- StavrosK 11y agoThere's a clause in most contracts to adjust rents based on inflation here, but not many landlords require it, because salaries haven't tended to rise along with inflation.