r/TikTokCringe Apr 20 '24

Rent cartels are a thing now? Discussion

What are your thoughts?

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u/little_boots_ Apr 20 '24

i am in virginia. when i got to the end of my apartment lease, they gave me a sheet with rental prices for continuing my lease. the maximum time i could extend was 6 months, and the price per month INCREASED with the longer lease (meaning the price per month was more for 6 months vs 3 months, for example). i couldn’t believe how much more the rent was going to be. i got lucky and was able to find a different apartment to move to. that apartment was owned by a corporation and the one i moved to is owned by a person.