Quote Originally Posted by KnottedYet View Post
Why have rents gone up so much? What a huge pain in the butt.
I dunno. You're a long term, stable, good tenant and may be able to negotiate that it at least stays less than not more than new tenant offers at least.

I'm not an economist so can someone explain to me like a 2 year old why when the housing market is collapsed (the phrase we in CA hear anytime the avg house price does not go up triple digits % a year) and we've got a million plus families in foreclosure because they got hosed by the ARMs so it's a buyers market out there.

Which means your land lord has to compete for tenants on the fence between "do I rent? or look for a distressed sale price condo/home?"

So his price should be going down .... not up or at least staying near even.