prices for rent

Girlie Active member

Member since 11 December 2009

GirlieActive member17 June 2010 11:45:02

Hi everybody, my rental agreement expire in August and I would like to know if for the second year I can get a rent reduction for the apartment?
Is this normal/possible ?
How are the rent prices this summer compare with the last year ?

szocske Serial expat

Member since 24 December 2009

szocskeSerial expat21 June 2010 04:14:31

839

Hi,

I think the only way you'll know, and have any negotiating power whatsoever is by finding another place to move to for less...

Gabor

Girlie Active member

Member since 11 December 2009

GirlieActive member21 June 2010 10:50:19

Gabor, thanks for your reply. I like the apartment where I am right now in 12 district,but since I will rent it for another year ,I am hoping to get a reduction.
So, is this situation normal in Budapest, the owner to reduce the price for the second year?

katalin2010 New member

Member since 09 June 2010

katalin2010New member22 June 2010 10:41:13

[moderated: please post in the classifieds]

petofi Member

Member since 12 December 2009

petofiMember23 June 2010 22:12:54

Consider yourself lucky if he doesn't raise it, with costs
increasing steeply.

szocske Serial expat

Member since 24 December 2009

szocskeSerial expat26 June 2010 14:32:02

839

On the other hand real estate prices are diving, foreclosures loom everywhere, and there is decreasing demand for the constant supply, so your landlord should be happy you don't switch.

dezpapp Contributor

Member since 20 July 2010

dezpappContributor20 July 2010 21:32:21

119

I believe the only way you can go into a reduction is either to have a better or equal alternative as @szocske has put it. Or, if you have had any quality problems or the landlord/landlady letting you down on instances.
Hope this have helped.
Good luck,

Dez