My parents are in their early 70s
For reasons they did not end up with owning a home and have been renting for the past 25 years. They had a paid off house in the 1990s but used their house as collateral for several failed businesses + entered a lot of debt from failed businesses, thus never got back into their own home
They rented their current place for 20+ years and their landlord is selling now. They’ve been looking for a place to rent, but they’re being rejected for everything they apply for.
They have 6 figures in savings, both on age pensions, and have 20+ years of rental history not missing a single payment. They have offered every place 6 months upfront rent. Nothing is helping them. Apparently their perfect rental history is meaningless, and landlords aren’t interested in even taking 6 months rent up front.
What is the reason they aren’t getting accepted? I was told agents and proper managers use AI to determine the best application, and that my parents are getting automatically rejected because they’re retired and on government pensions and that people with jobs always get put ontop of the list.
My parents is mentally broken after 5 weeks of trying to get a new place, they have 3 weeks left, they’re shocked that their perfect rental history makes no difference in helping them.
They can’t move in with any of us because all of us live in tiny 2-3 bedroom town homes with kids, so there’s no place for our parents to move in with us.