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Landlord Announces 1 Penny Rent Increase Due To Rise In Stamp Prices (PHOTO)

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A landlord in Maryland just redefined what it means to be a cheapskate.

After the U.S. Postal Service raised the cost of a first-class stamp by a penny to 46 cents, a landlord in Maryland decided to up monthly rent charges by one cent to make up for the increased cost, according to a letter sent to tenants that was published by the Consumerist. The letter says that the rent "hike" will go into effect for bills due March 1.

View the full letter below.

The tenant who forwarded the landlord's letter to the Consumerist wrote:

"I... seriously wonder how it is even cost effective to take the time to write, print, and deliver letters in order to collect 1 cent extra, per month."

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Since 2006, the Postal Service has increased the price of a stamp five different times, raising the cost from 39 cents to 46 cents, the AP reports. The cost of sending a postcard also recently increased by one penny to 33 cents.

The postal service has been struggling financially and announced Wednesday that it would stop delivering letters on Saturdays in an effort to save $2 billion annually.

This Maryland landlord is not the first to threaten a rent increase for a seemingly ridiculous reason. In December, a landlord in Colorado sent a letter to tenants indicating that he would increase the rent for anyone who voted for Obama. "If you voted 'Democrat' on Nov. 6, please notify me ASAP so I can raise your rent first to help pay for what you asked for," he wrote the in letter.

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landlord raises rent 1 penny

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