Hmmm...not sure where you are all coming from now.

It didn't say it was a peppercorn rent. I was just responding to Paul's negativity, and pointing out that, where a common need exists, some landlords and tenants can find a middle ground.
I visited a place recently, where the tenants of 30 years in equine business were going out, and the landlords are seeking new tenents. They paid a peppercorn rent, but they still had a lease agreement. The rent had been the same as they agreed initially, too, for all those years. They (the tenants) maintained most of the buildings in good order, but two were beyond help latterly, although the landlord had offered to upgrade them, and may still do so for the next tenants.
There are some good landlords out there, mine being one of them, who are happy to take a reasonable rent and look after their tenants.
If no-one bids on the Kererra place, there might be a possibility of a peppercorn.
You're better where you are Paul...

I recognise your sentiments regarding the ultimate position of the landlord in relation to the effort and expense of the tenants, but some people are not in a position to buy and areleft with no choice but to put trust in mutual respect and get on with life.
