Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Why are upper floor apartments more expensive to rent than ground floor?

Additional Details
should have put this in the main post, Im referring to 2-4 story residential apartments in the Cincinnati ...


 Should I have to pay half of the utilities?
I am moving out at the end of this month. I left for vacation on the 14th until the 19th. Since being back from vacation, I have been staying with my parent's or at my boyfriend's. Before I ...


 Is paying a little more than what's due each month a good or bad idea on a 30 year mortgage?
Over the course of a year the total amount overpaid would equal roughly one additional monthly payment.

We are currently in year four of a thirty year mortgage but don't intend to ...


 Can a private landlord increase the rent if they want?
Lived rent free for 4 years then paid rent for 8 months with no tenancy agreement. Now landlord (which is an estranged relative) wants to up the rent with a 6 month tenancy agreement. What are my ...


 Can i request my landlord to change carpet in my apt?
I'm a NJ resident.
i live in bergen county
and i lived in same apt for 4 yrs.
carpet wasnt new and it was really old
when we first moved in
and it has been 4 yrs and my ...


 Is my Landlord responsible for fixing my closet or am I?
I rent a room in a house where 2 other people also rent rooms. Our landlord & his wife also live in the house. In my room, I have a sliding closet door that is only fixed to a track on the top ...


 My boyfriend put me on the loan to the house, without my signature?? What can I do about this?
He needed me to be on the loan in order to qualify, but I didn't sign anything. I gave him my social security number (I know, stupid), so they could pull up my credit, but I didn't sign ...


 Can a landlord ask for the 1st month, last month rent, and the deposit all at the same time to move in?
...


 Landlady evicting me from flat 7 weeks after having my first baby
Hi everyone,
I am suffering from depression because of sooo many stressful things happening in my life, one of them is the fact that i need to go abroad to meet family but i am stuck here ...


 What are my rights upon eviction from an apartment?
can the landlord keep my stuff? i thought i had until aug 30th to get out but while i was on vacation, the landlords removed EVERYTHING! they say they dont know where it got taken. bullshit! i ...


 My landlord is making me pay more than what my lease states?
The lease I signed is for 525 and because he states is wife made a mistake when drawing the lease I have to pay 550 even though the lease I signed stated 525 can he do that?...


 What would you do if your brother cheated you?
If you owned property together with your brother after your father died, you did all the administrative work, tax declarations, payed all the bills, while he lives in the house, pays nothing but ...


 Should I rent out my house while I travel or sell it?
Hi,

I am going to live in New Zealand with my partner for 2 years and am undecided what to do with the house we own. We have owned it for 1 year and was thinking of renting it out while we ...


 What is causing so many foreclosures in todays real estate industry?
My mom is a realtor in the Bay area and she hasn't been selling houses lately and now it is causing us to move to a smaller house. We used to be very rich and had a 4,500 sq foot home but now we ...


 How to kick an ex out of my house. There is no lease, He is not on the title, and we were never married.?
I moved out and let my ex stay in my house provided I was given some money every month, we never had any kind of written lease or agreement. His name is not on the title, and we were never married. ...


 Should I get married before buying a house?
I'm single, but I want to buy property. Should I buy now or wait until I meet a woman who wants to buy as well. I don't earn a lot of money at the moment, but I've got enough for a ...


 How will the current financial crisis affect property prices in Australia?
I want to buy property but not sure whether now is a good time considering what's going on overseas. How do you think it will affect property prices in Sydney?...


 Can my mom's ex kick us out?
My mom moved in with her fiance about 2 years ago. I moved in 10 months ago. I'm 22. They are going to split up but my mom and I have no place to go. We are looking for a place to live but ...


 Is there something that you wish you knew before buying your home?
I am looking to buy a home for the first time. Please tell me some things that I need to take into consideration when making home-buying decisions... things that maybe you wish you thought about ...


 Is the UK mortgage economy a ticking time-bomb? 52 year mortgages and 5 times your salary?
If only leutenent Columbo was an estate ...



iceicebaby
Im 17 and my parents are asking for £120 a week to rent my room since i dont go to college anymore?
is this a fair amount to pay or should i be something else?
please answer - urgent!!!!!!
Additional Details
is this too much or should i jus get on with it? im only a retial supervisor and i pay for my own food, clothes and petrol.
                     
 




yummymummy
yes as your working you should pay rent,however their your parents not your landlords,why do they want such a lot of money from their son who isnt even an adult yet?,maybe they want you out?id say try and find a shared accomodation,it may cost the same but at least you'll have freedom.failing that have a talk with them negotiate a lower price,and ask them why they want so much,say you understand that part of growing up involves responsibilty,but tell them you dont understand why they want to take so much money from you?? wheres the love???


Wonton
£120 a week is definatly asking too much!!!


Ruffletop
Rating
I'm shocked. I never asked any of my three children to contribute to household expenses and, instead, I contributed to theirs when they left home to set up on their own. You, at 17, are still legally your parents' responsibility. Talk about suffer little children . . . !


*♥* donna *♥*
HOW MUCH, and these are your parents. I hope you have a good job.


SLF
if you didn't live at home you'd have to pay rent, but you could get a room in a shared house for about £350 a month, so I'd say negotiate with your parents for a lower sum. But does the £120 a week include your food and laundry and bills and so on, because if it does, it's not a bad deal. Bear in mind that if you moved out, your food would cost you about £80 a week, and gas/electric/phone/insurance/water/tv licence etc etc bills would come to a lot more.


DC
I assume it includes all food and bills etc.?

It may sound like a lot but living on your own costs more.


John D
Rating
Depends on your location but £500 a month (roughly) is a bit steep unless you are in London. Although I guess this will also include a laundry and cleaning service as well as three meals a day plus snacks. Also, no utility bills or council tax. Actually, now I think about it £120 a week is a bargain!

Alternative would be to get a job and rent with people who will steal your food, keep you up at night playing loud music and leave you to do all the cleaning up.

Offer them £100 a week and see if they bite.


loopy
Rating
i pay that for a 3 bedroom house a week good god


pingu says
120 quid a week is a threat for you to get a job or go back to college. thats way to high for a single room in a house its just to scare you. but you have to realize your an adult now you either go to college or get a job. i think your parents are trying to make you realize that life is tough and i have to agree with them. you could call your parents bluff, pack a few things in your bag and go if you do that then everything will become clear, then you can all sit down and chat about the best solution for everyone.


Courtney's mummy
Well it is better than moving out and paying all bills yourself.

I have a house and weekly we pay
rent £75.50
Water £6.10
electric £20.00
gas £10.00
Tv licence £3.00
council tax £30.00
phone £10.00
Broadband £5.00

Then there is about £60-100 on groceries a week
And petrol for about £30 a week

If the price that your parents give you is for all food, laundry and no extras like for electric etc then it is not too bad If you are worried you can not afford to pay it then look out for a house share or offer your parents a realistic amount that you can afford


littlejo1986
you could get a flat for 500 not including bills etc but considering you're 17 then yeah 120 a week is a bit steep. if u do ur own laundry, buy ur own food etc u could probably negotiate it down a bit


gaddisdb
Rating
If your parents are supplying you with food, water, power, housing, clothing, ect...Yes this is fair...You are no longer a child and if you are working you should be helping out...Did they help you while you were in school? If you have a problem with it try to find an apartment with all the ammenities for that. Good Luck!


toffeelady
you can rent a place of your own for that!!!


TOON ARMY FOR EVER.
Ridiculous,how can you charge your own child that.All we ask from our lad is help towards his food and electricity gas etc.Works out about £50 a week.Hes happy,we are happy.You should not set out to make a profit from your own children.


bazspur3
if that includes food and bills and washing you are getting a good deal. move out if it does not suit and you will pay a lot more for everything i stated.


mully
I think that is far to much money especially since you are their child. My brother moved out of my mums over a year ago and he only had to pay £50 a week. Try and negotiate a figure to suit both you and your parents, to move out would definitely cost you a lot more unless you were to house share.


Cynthia
That is awesome! I love your parents.


kitkat
Rating
If you are working then you should pay. Maybe try and negotiate to say £100pw. You'd be hard pressed to find cheaper accommodation in the big wide world I can tell you!!!


jk
Rating
Offer to do some chores like cleaning ,washing up,hoovering, dusting etc. you could also mow the lawns. wash the car do ironing, that should at least half the 120 quid if not, leave.


teran_realtor
Yes, grown-ups who are all done with their schooling pay rent where they live.


Nautius Maximus
are your parents slum landlords?


Steve B
Rating
In Central London that might be about right .. where I live Students pay £60 to £80 p.w. for a single room.


debsstuff
Rating
That's fair, as long as you get use to the whole house, kitchen, bath, etc. You are no longer a child. You have become an adult and you need to pay them as if you had moved out and paying to a landlord.


Saint
For room only I think you can negotiate less. I'd check and see what local renting rates are like, so you have some amo.

Also watch out for them asking for food/bills etc money - if they don't rent and have paid their mortgage you could also negotiate paying merely for expenses like your share of food and bills, which should be less.


wombat
Our sons are now 18 & 20 and still at home. When they started work we asked them if they wanted to pay £100 p/wk or 10% of their salary. They both opted for 10% as they were on low incomes and this is still the same today. I do not regret this decision we decided to bring the into this world and I would support both in whatever they do. Maybe you should speak to your parents and see if you can agree on a solution that suits both parties.


man290663@btinternet.com
if you are working its OK for parents to charge you rent if this is just for the room its a bit steep as many rooms can be got for £80 but if it includes food etc then its fair.

if you are on benefits move out as you wont be given money for it for you family!

but if oyu are working oits a good way for parents to teach you about cost of living and to teach you to manage moeny.

When I was 18 my parents charged me £60 per week rent but as I was only earning £50 (that was 1970's) it was pointless I moved out the next day to a flat for £25/week.

its normal to pay HALF your earnings for a place to live 25% for food etc and the remaining 25% for saving and luxuries.

Avoid credit cards as they cost you more in the long term so you end up with less better to save and pay cash for things.!


ybaseman
lol £120 are they crazy ! Get a Job!


steffi
Rating
You say you are no longer at college. What are you doing? If nothing, I suspect your parents are trying to motivate you into doing something. They are probably fed up with you loafing around all day, whilst they are paying all the bills.
When I started work, I volunteered to give my Mother £120 a year. That was in 1964, and I was earning £345 a year, and having to run a car to get to work. She never spent it, when she died, there it was, untouched in a bank account.
If your parents smoke and drink all their money, maybe you have something to grumble about. £120 a week is £6000 a year. How much are you earning? We would need to know that to say if their demands are reasonable.


guitar virgin
Start calling your parents Mr and Mrs Rackman.


ksnevill
Wow! I hope this includes, bills, food, washing, ironing, private butler (only kidding on the last one!).
This is a bit steep but if its the only security you have i'd negotiate.


pedigree scum
You probably won't find much cheaper without sharing a house in a slum


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.054
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy