So I've been trying to negotiate a lower price on a bigger unit in my building. One that has already been discounted because there is no interest. I went to find similar sized units in the area and found that all these landlords have lost their marbles. They're all acting like everyone's working at full tilt and the madness of the housing market hasn't completely abated. There are 20ish empty units in my building of ~290 units.
I'm trying to convince them to do the maths....they're losing money by not renting to me immediately for less than waiting for some fool to go for their price.
If they have it empty for a month instead of renting to me, they lose 2000 dollars that me paying 100/mth less now would take 20 months to even out....and not even then because by then we're talking two rent increases that will total the difference pretty well.
They're not understanding the basic mathematics, the greedy fools.
I'm even paid up til August on rent (plague's been great for my finances) so I'm subsidising the tenants who have had trouble paying since the plague started. They don't care about that either.
Some people can't see past a sticker price, for real.
I'm still a couple of days til I have to check in with them to see if they've relented which they say they might if it doesn't rent, which it won't because it's been on the market for three months and there have been two viewings and zero interest except by me.
I'm cool, I have a home...I was just trying to help out my landlord.