Overpriced

Posted on September 11, 2006 by Chris Lumens in .

I just checked the mail and found my apartment renewal notice in the box. Here’s the exciting part:

Our records indicate your lease is schedule to expire on November 30, 2006. I would like to take this opportunity to invite you to renew your lease with us at considerable cost savings As you are aware, rising cost of everyday consumer services (including fuel, utilities, etc.) is an enormous concern for us all. To help contain necessary rent increases, we would like to offer you the following renew options:

  1. Upon renewal of your lease for 12 months your new rental rate will increase from $893.00 to $1019.00.

  2. If you sign your new 12-month lease prior to September 22, 2006, your renewal rate increase will be reduced! Your new monthly payment will be $989.00

Is it any wonder I’m looking to move in with a friend at the end of my lease and cut down on costs?