Renters regret also known as renters remorse is the last thing we want to feel as renters. For the most of us being renters is a short-term thing that will show us the way to being homeowners, so why do so many people regret the apartment they rent? A lot actually, if you don’t rent an apartment that suits your needs you might regret it until your lease is up.
Renters Regret: The Location
Location is a big deal to most renters; the location will determine how long the commute will be to work. Renters will usually rent an apartment near their work place to save time and money but this doesn’t always workout sometimes renters will have to drive hours in rush hour just to complete a day’s work. When the location is so out of the way if makes it difficult for the renter to commute and leads to renters regret.
Renters Regret: The Cost of Rent
The cost of the rent will usually determine what type of apartment renter will have, the higher the rent the nicer the apartment will usually be, but not everyone will spend thousands of dollars a month for an apartment that they some-what like. Renters will have to determine the neighborhood the apartment is located in to see if the price is right.
“Renting an apartment should be an exciting time in your life and not a money wasting money machine, high rent and hidden charges is a major reason why many apartment renters regret renting their apartment” – Local Records Office
In Los Angeles County rent prices have been going up so frequently that renters are being forced to move to bad areas just to be able to afford the monthly rent. Other Angelino’s are realizing that rent prices are not worth the sunny beaches and the year round weather anymore and are fleeing to other states. Kansas, Ohio and Michigan have the cheapest rent and property prices in the Unites States in 2017 according to online reports.
Renters Regret: The Neighborhood
Unlike the location the neighborhood determines the area within the location, for example an apartment could be in a good location to commute but in a bad neighborhood. The neighborhood plays a big part for renters, a good neighborhood is usually safe and has a low crime rate, the perfect place to raise a family but in the other hand a bad neighborhood will have gangbangers, graffiti on walls, drugs, alcoholics, and thieves breaking into homes and cars. The neighborhood will determine if kids are safe to walk the streets.
“The neighborhood plays a big part of your everyday living, that’s why it’s important that you drive around the neighborhood in the day time and at night, the neighborhood might look completely different at night. New apartment renters get so excited about renting an apartment that they don’t see what type of tenants are in the building, the tenants might be delinquent tenants for all you know, this is a big reason why some folks have renters regret” – Local Records Office
Renters will usually find an apartment quicker in a bad neighborhood due to the over-construction of apartments in the ghetto. These type of areas will rent to people without a background check as long as they have the security deposit and first months rent. Many people regret not driving around the neighborhood first to see what kind of area it is before signing a lease.
Renters Regret: The Size of the Apartment
You found the apartment of your dreams in the neighborhood you wanted, it is only 15 minutes from your job and to make even better the apartment complex is privately owned so the monthly rent is affordable but after bringing in your furniture and appliances the perfect apartment building just became too small for you and your family this is when “renters regret” starts to kick in. The size of your apartment plays a big part because if it’s too big you will be paying for the extra-unused space but if it’s too small there isn’t enough space. Your apartment will slowly become jail cell.
Renters Regret: The Loud and Nosey Neighbors
I had a neighbor who lived next door to me; these neighbors had a small dog that will bark at anyone and anything that will pass by. The dog will bark day and night and the owners will ignore him and mute him out. The barking became so much that it will keep the entire apartment complex up at night, this is when I realized it made a big mistake moving into the building and had renters regret for the remaining time on my lease.
“Having loud neighbors is so annoying, there’s those neighbors that play loud music, other neighbors disregard the landlords rules and sneak their pet in the apartment” – Local Records Office