Will the person who's meant to be taking over my tenancy fall through?
7
3
resolved Mar 28
Resolved
NO
I live in a flatshare with friends, and we're contracted until November. However, I've signed a new contract for a place with my girlfriend starting on the 1st of April. My current landlord says he'll release me from the first contract if I find someone to replace me, and pay an admin fee. I've lined up a girlfriend of a friend of a friend to replace me and she sent the letting agency her details a couple of weeks ago. I've asked for an update on the situation but she hasn't replied to me for a few days, and the lettings agency practically employ a no-reply policy. I'm currently legally liable for double-rent next month and I'm getting a teensy bit nervous. Mar 13, 2:56pm: Incoming tenant replied on Friday saying the letting agency said they’d send forms that day. Mar 28, 3:18pm: They came through.
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bought Ṁ20 of NO
Hah, disregard me. I read the title as "come through".
bought Ṁ10 of YES
I think you did it correctly, currently this market is hedging against the chance of you having to pay double rent next month (assuming enough people are willing to buy no). Also: That's rough, good luck with the situation.
sold Ṁ20 of YES
Or do you mean that if it falls through, more profits will be made by traders if the market probability is low than if it's high. and therefore I'll make more profit? Is that the case - I don't actually understand how this works.
bought Ṁ20 of YES
If it falls through, having a big stake in YES will make me mana-rich, right?
bought Ṁ5 of NO
This market sounds like you want a much bigger stake in NO than in YES so that if it falls through at least you'll be mana-rich.

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