I told you that we might be moving…
Well, we are.
I went to the apartment office to inquire about renewing our lease. I was greeted by exceptionally good news when I got there. It turns out that they lowered their prices a few days ago. In fact, they lowered the price on our apartment by $135/mo.!
Ah, but there is a catch…
It is only available to new renters…
“If you move out of your apartment and move into another unit, you will get the reduced rate.”
“And if we want to stay in our current unit, we have to pay full price!?”
“That’s right.”
Huh?
I don’t get that…
Some genius with multiple advanced degrees who was recently fired for mismanaging his bank’s hedge fund probably applied one of his obscure financial algorithms to the apartment leasing field and and convinced the owners of the complex that they will make more money by having our unit sit vacant for AT LEAST one month this next year rather than continue leasing it for all 12 months to a faithful renter who actually likes the apartment and has taken very good care of it!
There are already two of the eight 3BR units in our building sitting empty. I suppose that a third vacancy will ensure profitability!
But what do I know? I’m just a renter…
Anyway, that was all of the nudge that I needed. After checking four other complexes, I decided to stay in our current complex and move into a 2BR/2BA unit in the building next to ours.
Although it will be smaller, I think that it better located and has better views than our current unit along with brand new carpet! All three of the girls at the complex office cannot believe that it has sat vacant for so long.
And it is $250 month cheaper!