Rent in going up.

Like the others said, you are very fortunate. I live in low income housing and my rent increases all the time here. If the cost of fuel or water goes up, so does my rent. One rent increase in 12 yrs with taxes going up all the time etc is amazing actually.

If this is the first rent increase for you in twelve years and its only twenty-five dollars you are a very fortunate person. Usually a persons rent goes up maybe every 2 to 3 years. When I was a landlord we raised the rent maybe twice in eleven years and also only 25 dollars. That was only because it was my brother-in-law. If it was a stranger I know we would have most likely raised it every other year at the same amount.

That is rather nice that you haven't had a rental increase in so long. And only $25 is nice also. You are lucky. Ours gets changed annually. Usually not much but it is ruled by HUD and we are in a housing complex.

That is a fairly minor increase. We are currently renting. However, I am not one who likes renting. I find it to be a waste of my money--even more so in this area than some others I've been in. My goal is for us to buy a piece of land and build. I want to have solar panels, a wood stove and some other features to limit the resources we need to use. Given how much we spend in rent and utilities here, the place should pay for itself within 3-4 years' time.

That is great that you landlord notified you in plenty of time so that you can make sure you have it in your budget. Glad to hear that is was only $25.

Now that The rent has not gone up for 12 years,how come the landlord suddenly increased it? Is it due to a rise in the value of real estate there ?

$25 is not a bad rent increase. Especially if that is the only increase you have had in the almost 12 years you have been living there. I just hope that it is not just the beginning of the rent increases. Holding off on increasing the rent this long I wonder if it will start to happen annually now. *fingers crossed that this is the only one you get*

Wow. Although you can afford it but I think the very main solution in order for you to have a very rewarding point is to have your very own unit such as looking for a subdivision unit wherein units can become your own.

Fair enough, considering it takes 12 years before increasing the rent. Most likely it would take another 12 years before the next increase, hopefully. :D

You have a good landlord for only increase your rent by $25.00 after a period of 12 years ! Usually our landlord here will adjust the rent after two or three years contract. So, your rate of increase is not a big sum

I am sorry to hear of it Blue. Any more money we have to pay out is bad. I suppose after 12 yrs though, it seems he has tried to not increase the rent.