Re:San Francisco, Silicon Valley rents plunge amid downturn
by optimiz3 on Monday June 01, 2020 @02:03PM
(#23381632)
> No REIT drops rents; instead, they offer "$0 deposit", "no rent for the first 45 days", etc.
Is this true in markets where people can legally squat for months? Or as in Seattle where landlords are required to indiscriminately house the first qualified applicant? $0 deposit would make this very exploitable.
Re:San Francisco, Silicon Valley rents plunge amid downturn
by jdavis703 on Monday June 01, 2020 @02:10PM
(#23381723)
No, they charge you for the first month. Then the next N number of months or weeks are free. Source: I’ve twice gotten free rent, once rent controlled, one market rate.
Is this true in markets where people can legally squat for months? Or as in Seattle where landlords are required to indiscriminately house the first qualified applicant? $0 deposit would make this very exploitable.