Makes complete sense. If you’re evicted wrongfully, you have an appeal option that doesn’t hurt either party. If you’re evicted for not paying your rent, then… Yeah. Gtfo.
Lots of places worldwide require 1 year of rent upfront, no exceptions. In addition you have a security deposit and utilities deposit. And guess what, the rent is never late that way. Amazing how that works.
An actual good question. Many places have no fault evictions. This means the landlord asks you to leave, but you’ve not violated your lease in any way. In those places, which are some cities in the US, entire provinces/states in some countries, and entire countries elsewhere in the world, that would be an unlawful eviction.
There are other places that allow eviction for specific reasons even if you’ve done nothing wrong, otherwise similar to no fault. For example the usual reasons are if the property is being sold, or if the landlord is moving back in themselves. It would be unlawful for the landlord to evict you on the guise of moving in themselves, and then find it re-rented a couple months later.
If you have a whole year’s rent saved up + security and utility deposit then you have a down payment on a mortgage saved up, what would be the point in renting?
Really curious what places require this absurd 1 year up front, I have never heard of that.
Rent is usually about 8% to 15% of the property purchase price per year globally. Many places that have laws like this require a minimum 20% or 25% downpayment for awesome candidates, 50% is normal down to get a mortgage.
For example most of the Middle East, which has the best real estate market in the world for the past few years, is 50% down to buy plus 8% ish in closing fees to buy. Rent is generally in that 10% range, paid upfront 100% for the year.
Congrats to you for being stupid! If you’d like to see where this is absolutely normal, use your 2 brain cells to Google for places that exist outside the shithole of whatever piece of America you live in.
Makes complete sense. If you’re evicted wrongfully, you have an appeal option that doesn’t hurt either party. If you’re evicted for not paying your rent, then… Yeah. Gtfo.
Lots of places worldwide require 1 year of rent upfront, no exceptions. In addition you have a security deposit and utilities deposit. And guess what, the rent is never late that way. Amazing how that works.
How do you get evicted wrongfully?
An actual good question. Many places have no fault evictions. This means the landlord asks you to leave, but you’ve not violated your lease in any way. In those places, which are some cities in the US, entire provinces/states in some countries, and entire countries elsewhere in the world, that would be an unlawful eviction.
There are other places that allow eviction for specific reasons even if you’ve done nothing wrong, otherwise similar to no fault. For example the usual reasons are if the property is being sold, or if the landlord is moving back in themselves. It would be unlawful for the landlord to evict you on the guise of moving in themselves, and then find it re-rented a couple months later.
If you have a whole year’s rent saved up + security and utility deposit then you have a down payment on a mortgage saved up, what would be the point in renting?
Really curious what places require this absurd 1 year up front, I have never heard of that.
Rent is usually about 8% to 15% of the property purchase price per year globally. Many places that have laws like this require a minimum 20% or 25% downpayment for awesome candidates, 50% is normal down to get a mortgage.
For example most of the Middle East, which has the best real estate market in the world for the past few years, is 50% down to buy plus 8% ish in closing fees to buy. Rent is generally in that 10% range, paid upfront 100% for the year.
I have never in my 53 years of existence ever heard of a years rent as a deposit.
complete horseshit. just say you’re a landlord because no one in their right mind would think this is even remotely normal.
Just say your a myopic American that can’t fathom not everything works like the Cracker Barrel.
I am a landlord, AND I rent. I live globally around the world. Wake up stupid.
How’s that boot taste? Ya shinin’ 'er up real good?
Pretty good since I can afford a house and you obviously can’t and just keep getting evicted. STFU
worst post I’ve read today, congrats!
Congrats to you for being stupid! If you’d like to see where this is absolutely normal, use your 2 brain cells to Google for places that exist outside the shithole of whatever piece of America you live in.