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Tenants report their reasons for choosing not to renew their lease: the landlord

The reason for renters choosing not to renew a lease is more likely something within their landlord’s control, and less likely for personal reasons.

372,000 renters participated in a survey for the National Multifamily Housing Council and one-third admitted to not renewing a lease because of the landlord.

DiSanto Propane (Billboard)

Many cited package theft and slow response to maintenance needs as just two reasons for why they didn’t like their landlord.

Lower rent was also a reason renters chose to leave.

Over 25% wanted to find better apartment features and one-fifth wanted to be in a better community.

Most factors reported as reasons the tenants left were under the landlord’s control.



Categories: BusinessNews