Lowered rent due to recession (tenants, rental, listing, how much)

[snowmountains]

Some rental listing say the rent is $xxxx, which has been lowered from $yyyy due to recession. Does it mean (or does it give them the right) that they can resume the original, higher rent $yyyy after the 1 yr lease?

[tworent]

I put that in all my adds to make it sound like your getting a deal the word recession I change with the times. I have some rents higher then 2-3 years ago and with an add like that new tenants tell me it is great to get a deal like this it must be hard on you. All I say is your right but your gain is my loss.
It is called "How to write an add 101"

[kodaka]

Does it mean (or does it give them the right) that they can resume the original, higher rent $yyyy after the 1 yr lease?

That they can raise the rent?

In most places in the country a LL can raise or lower rent by however much they want. Even with rent control they can raise the rent; whether or not that amount reaches the previous rent or even exceeds it depends on the exact wording of the laws and how much the discounted rent was.

Bottom line is, it really doesn't matter how much the rent was in the past, it only matters what laws apply to the future, and whether or not you can afford it.

[snowmountains]

Thanks. tworent, that was a great quick tutorial 101