経済｜家賃上昇にどう対処する？ / Economy | How to cope with rising rents?

Summary

In recent years, rental prices for properties have been rising, reaching an average of 247,000 yen in the 23 wards of Tokyo.

If your landlord requests a rent increase, it’s important to first check your lease agreement. As a general rule, any change in rent requires mutual consent, and if you’re not satisfied, it’s advisable to research nearby properties before negotiating. Deputy Director Nakayama from Lifull Homes Research Institute explains specific ways to respond to such situations.

Dialogue

This dialogue is fictional and based on the article.

Chako: Hey Log, I heard that rent is going up lately! What do you think?
Log: Yeah, it seems that the average rent in the 23 wards of Tokyo has reached 247,000 yen. If the landlord asks for an increase, it’s best to check the contract first.
Chako: Oh no, that sounds complicated! What should I do?
Log: If you’re not satisfied, one approach is to look into similar properties nearby and use that for negotiation.
Navi: Just to add, any change in rent requires mutual agreement, so solid negotiation is essential.
Chako: I see! So as long as we discuss it properly, we should be fine!

Admin’s Note

The rising cost of rent is a significant issue for many people. For the younger generation, housing expenses often make up a large portion of their living costs. In the conversation between Chako and Log, the importance of reviewing contracts and researching nearby properties was emphasized, and I think that’s very practical advice. Moving forward, it’s essential to gather information and understand one’s rights in order to negotiate smart rental agreements.