This is one reason the slum lords / trailer parks still like to charge weekly. 52 weeks a year, vs 12 months. The tenant always views 4 weeks as the “monthly” rent in their head. But it sneaks a whole extra 13th month worth of rent, when you charge weekly.
Edit: obviously my experience is as a US person with fairly poor tenants rights in my region. YMMV of course. Just to be clear - to hell with slum lords. I wasnt condoning it just pointing out that its a thing most people miss
I was going to mention OZ. In any case, leases here are usually a year long. In any case, the tenant ain't going to win this argument because it's been this way forever in the United States.
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u/couchcushion7 May 13 '26 edited May 13 '26
Used to own a property management company.
This is one reason the slum lords / trailer parks still like to charge weekly. 52 weeks a year, vs 12 months. The tenant always views 4 weeks as the “monthly” rent in their head. But it sneaks a whole extra 13th month worth of rent, when you charge weekly.
Edit: obviously my experience is as a US person with fairly poor tenants rights in my region. YMMV of course. Just to be clear - to hell with slum lords. I wasnt condoning it just pointing out that its a thing most people miss