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Renting Trinidad - Trinidad, Tobago / Caribbean - Posted: 7th Nov, 2006 - 2:28am
Posts: 16 - Views: 8113
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Trinidad Renting
I think that finding a proper place to rent in Trinidad to be a formidable task. In fact, I have found that the demand is so high that landlords are basically giving you rubbish for lots of money. Only recently I was blessed to find a place and a nice landlord, but that after many hours and days of searching.
To answer some of the consideration questions:
1. Prices for places is based on the US$ and right now it is a seller's market
2. Usually there is about a 25% chance of you finding something within your area that meets both your needs and budget
3. Landlords can vary, but I find that most of them are conscious only about one thing: money.
Renting In Trinidad Caribbean / Tobago & Trinidad
| Offtopic but, JB, I am very happy that you were finally able to find a place that would be sufficient. I wish you all the best of luck there. |
You mentioned that the everything is based on the US$ and that it was a sellers market with mainly money involved. I am just curious, since the US$ goes through such inflation periods in different areas, what is the cost of living like there? I guess basically what I am trying to ask is how much is a lot in the economy there? I know my area is a much cheaper place to buy real estate then many other areas within the us.
| Message Edited! Persephone: added offtopic tags. |
Trinidad Renting
The economy here is based on the rich get richer and the poor get poorer. There are many oil based professional foreigners (mostly from the US) and doctors coming into the country looking for places to live and so the real estate agents capitalize on this by renting in US$ (something only started about 8 years ago). Of course this eliminated the common man from renting certain places that were once available in TT dollars and thus the poorer areas are the only places available for reasonable rent (exchange rate is 6:1). However you can understand more about living in Trinidad within this thread.
Trinidad Renting
If you are just a normal middle class person and want to find a decent place for rent, forget about it!. The normal apartments you see in the US are consider "luxury" *shaking head* therefore they are charging like US$3,000 a month! and because the people renting it are not paying for it (but the companies) they don't care and just pay it but you have to see the apartments! they are not luxury apartments at all but normal ones in the US. It is unbelievable. Therefore if you do not have that type of cash, you need to find apartments where the owners live upstairs and they rent you downstairs and so on, a very difficult task.
Post Date: 5th Jan, 2006 - 5:56pm / Post ID: #
Renting In Trinidad
Just for comparison sake, here in the US $3,000 a month would be the mortgage payment on a house costing upwards of $400,000. Here in Utah that would be a mansion, in Los Angeles maybe a one bedroom in a bad neighborhood.
Apartments here in Utah rent for $400-$1000 a month depending on location and size. You can get an old but clean one bedroom apartment in downtown Salt Lake City for $400 a month easily. A house of 2-3 bedrooms rent for $800-$1500 a month, and a $3,000 rental would be a huge house or a luxury condo.
Big oil ruins everything, don't they.
| Message Edited! Persephone: It is not necessary to quote the entire post of the User above you. |
Renting Trinidad
I saw an article in the Trinidad Express from earlier this year about renting in Trinidad. The newspaper got a hold in a ridiculous contract landlords make you sign and because people are usually desesperate to get a place they are willing to sign:
| QUOTE |
| The following are excerpts from a contract that was made available to the Sunday Express. The Tenant agrees with the Landlord as follows: Not to let the dog out of the yard. Not to slam doors Not to use dirty brooms or any dirty objects for cleaning the ceiling. Not to kill any spiders or any other insects directly on the ceiling or walls, but to use a good insecticide for spraying on the insect and around the edges of the ceiling. Not to hold any seance meetings whose purpose is to cast out demons or whatever in the room or to bring in any person or group of people for the purpose of blessing the house, room or apartment. Male tenants must never walk about the premises bare back or body. Male tenants must not hug or kiss the landlady. This will result in police being called and the tenant's things being placed on the public roadway and charges may be pressed. Female Tenants must be dressed decently at all times when on the premises. |
https://www.trinidadexpress.com/index.pl/ar...ws?id=151428599
Edited: LDS_forever on 23rd Aug, 2006 - 2:57pmRenting Trinidad Trinidad & Tobago / Caribbean
Of recent the rent has sky rocketed in Trinidad, areas that were considered 'less-than' are now hot bread for renters, basically if you do not have your own home you are likely to be caught paying enough rent that it seems like a mini mortgage with no return.
TOPIC: Renting In Trinidad