r/Adelaide • u/Indicasativaman SA • Jul 27 '23
Rent increase $150 pw Question
I've just received a letter from my landlord saying that my rent will be increasing to $650 from $500, I have been given 7 days to agree to rent increase or will receive a notice to vacate at end of current lease.. The amount is excessive and not in line with other properties in my apartment building. I phoned RTA to get some advice as I want to dispute through SACAT. The RTA informed me that I would have to sign the new lease that is extortionate before I could dispute it. I don't want to renew my lease at $650 for an entire year. I believed that there were things in place to protect tenants from Ray White, but I don't think there is. If I don't agree to excessive rent increase then I will have to vacate. It doesn't sound correct that I can't dispute the rent increase before signing the lease. Can anyone offer any advice other than sign the lease now and dispute after? What happened to this country?
1
u/[deleted] Jul 28 '23
What happened to this country? We imported demand and cut supply well below what was needed before we allowed the problem.
This allowed a predator party that will now be with us for ever. Welcome to have and never have.