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Landlord wants 2x security deposit. I am concerned and would like advice.

I live off of a stock market portfolio. Investments. Because I am 'unemployed' to them (Despite showing 1099s, tax returns, etc), they want 2x the security deposit. They've seen my portfolio and know that I can afford it, it makes me feel uncomfortable.

Needless to say, it's around $2,950 for rent (Being split 3 ways with family members) and now they want double that just in the form of a deposit.

I kindly asked "I don't understand? Why not put it to another month's worth of rent? How could I possibly cause $6,000 worth of damage!?".

They're reluctant to budge and kind of said "We can just move onto the next person".

I am talking about ethics here. They know I have a significant sum of money saved but this really seems excessive and like an unnecessary barrier. For whatever reason, allocating that money to an additional month's worth of rent up front want not what they wanted.

What should I do in the circumstance?

submitted by /u/No_Departure7494
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source https://www.reddit.com/r/RealEstate/comments/1s9phuo/landlord_wants_2x_security_deposit_i_am_concerned/
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