Unfortunately for my real estate agent, I’m a little bit crazy. This information asymmetry would have traditionally put the tennant in a weaker position and thus more likely to accept the advice of the real estate agent. On the other hand, we have the tennant who does not have access to the same amount of information. On the one hand, we have the real estate agent, who has access to databases of property prices and reports.

I also perceived a power imbalance which I didn’t like. Having had my rent increased by $20 per week a year ago, a further $5 increase didn’t seem to make sense to me. We have recently completed a rental review for your property and advised the owner that based on current market conditions, the rent for your property should increase by $5 per week.Ĭraving specificity, my mind goes into overdrive: What market conditions? How have they defined them? $5 is so little - what change in market conditions could justify a $5 per week increase? You are currently leasing your property for $500.00 per week and the lease is due to expire on the. Just when I was wondering when the annual email from my real estate agent offering me a new 12 month lease was going to arrive, I received this: The 12 month lease for my current apartment was coming to an end. (On a serious note: this is about webscraping in R) “…based on the current market conditions…” Read in disbelief as he goes to great lengths to avoid paying a $5 per week rent increase on the grounds that it could not justified by empirical evidence. Come hear a story of one man’s triumph against the establishment. Used R to look for evidence supporting real estate’s claim. Reason for increase was not supported by evidence. (TD DR: Received letter from real estate increasing my weekly rent.

Form like Voltron: creating our final dataset.

Target: the rent per week and month leased.

NSW Government’s Family & Community Services - “Rent Tables”.

“…based on the current market conditions…”.

Webscraper with r