One thing that keep coming back in the conversation i have with people in Israel:
renting something is becoming a nightmare. not just because of the current rental prices and scarcity of quality apartments but because of the abusive power of landlords
The current regulation is giving total power to the landlords and nearly no power to the renter. I have been renting places in many countries in the world. Israel is the worse when it comes to protecting the renter against abusive practices.
Live examples
- A landlord can raise the rent of his apartment according to what he wants. no limits. even if you are already renting a place. You may end up paying 20/30/40% more year over year. No cap. no limit. This end up in yearly fights (i am sure you know the drill...) when it comes to renew the rental contract.
- A landlord can ask for any kind of guarantee for his apartment: 6 months, 12 months rent. Double guarantee with deposit, bank deposit...which not only cost money but block a huge amount of money in your bank account.
i could add a long list (related to the responsibility of each and how a contract should be enforced when not respected by the landlord)
you obviously can negotiate and no one is forcing you to accept. but guess what? if you don't accept this someone else will, because landlords know they can expect this. they have the power.
There is no problem in raising the rental price, or asking for guarantees. The problem is in the abuse.
This is why in many countries this is regulated by law. So you, as a renter, don't have to worry about being abused.
Rental price should not be raised more than x% a year and a guarantee should not be more than 3 months rental deposite (refunded the day you leave, not whenever the landlord want)
The government can do something about this IMMEDIATELY and this well help hundreds of thousands of people in israel immediately. Specially students and young employees.