I’m new to renting places. Would anyone recommend signing a lease right now or waiting until prices go down further? Also what length of lease will you suggest given the current climate?

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Posting as :
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If you have the money.. it’s a perfect time to negotiate and lock in a long-term deal to ease your landlord’s stress — i’m personally trying to extend my lease by two years. I haven’t signed it yet because my landlord hasn’t agreed to my number (we can’t agree over a couple hundred dollars. how petty).

In my opinion, we’re headed towards a recession. Landlords can’t evict right now for whatever reason. They’re bitting their nails because some renters are getting away with non-payments. (I’m also a landlord) 🙃 it’s been frustrating..

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also good to note:

I have two other roommates. So I have a “friendly” safety net in place if I lose work. Find roommates if you can. It takes the burden off of your shoulders a bit. Work together.

helpful

Normal rules do not work in Manhattan to be honest. The prices wont go down. Sign a lease when you find a suitable place

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