One aspect which I have not seen mentioned is private landlords are taking advantage of the current inflated prices & general sellers market. They want to take profits and are selling units out from renters. They typically want the unit empty to sell, and so they are not renewing leases.
My landlord did this. In July, I learned that he had decided he wanted to sell my townhouse, and wanted me out. I was fortunate enough to find a place to buy that reduced my commute to my son's school, but it was pretty nerve wracking.
> My landlord did this. In July, I learned that he had decided he wanted to sell my townhouse, and wanted me out. I was fortunate enough to find a place to buy that reduced my commute to my son's school, but it was pretty nerve wracking
That's why in France it's illegal to do that. If you have a lease, and the landlord wants to sell, they have to propose to you first, and then last ( at the same price as with the potential buyer); the new landlord can't evict you ( your lease is sold alongside the "land"). And if they want to not renew your lease, you have to be notified well in advance.
My landlord did this. In July, I learned that he had decided he wanted to sell my townhouse, and wanted me out. I was fortunate enough to find a place to buy that reduced my commute to my son's school, but it was pretty nerve wracking.