Reply to Is daughter getting ripped off by friends—paying rent all summer not living in rental?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought college rentals began in the fall, and kids sublease the final summer months (May June and July) to someone. Seems the roommates who were long planning to stay in the city got all the advantage, including cheaper rent this summer and an empty room not filled with a random sublessee. If daughter didn't sign until May, obviously nobody else was going to live in that place this summer, so why couldn't she just wait to sign until August? Seems daughter was peer pressured to sign before going home to alleviate burden of roommates divvying up 3 months of her rent. Daughter essentially subsidizes kids who were staying in the city this summer. That's how it seems.[/quote]

You seem stuck on the fact that college rentals begin in the fall.  That wasn't the case where I went to school.  The place was available when it was available.  Its not like the landlord would accept 2/3 of the rent for a few month because 2 people were moving in in the summer and 1 in the fall.  They signed the lease together.  Where I went to school if you didn't secure a place in the spring there would be nothing good available in the fall.  And if your DD wanted to live with these friends there was no other option.  You're not suggesting her friends should have paid for her option until she could move in are you?[/quote]

+1. Dorm payments and campus-owned apartments payments and leases are aligned to the academic calendar. Privately owned apartments that happen to be near colleges are not, anymore than a house to rent in OP's neighborhood would be. [/quote]
My kid goes to UW-Madison. 99.9% of the apartments near campus have August 14th - August 13th leases. Apartment move-in day is A Thing. [/quote]

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