If you own, you should replace and/or move them. Might sound scary if you've never done this before but it is much easier than you'd think. If you want to make your future life easier I suggest running a PVC pipe (at minimum in the drop down portion). Replacing or adding new cabling will be much easier if you do this so it's totally worth the few extra bucks and few extra minutes of work. They'll also be less likely to be accidentally damaged (stepping on them, rodents, water damage, etc). I seriously cannot understand why this is not more common practice (leave the pull string in). You might save a few bucks but you sacrifice a lot more than you're saving... (chasing pennies with pounds)
If rental, you could put in an extender. If you're less concerned about aesthetics you can pop the wall place off and directly tie into the existing cable OR run a new one in parallel. If you're willing to donate the replacement wire and don't have access to the attic but do to both ends of the existing cable then you can use one to pull the other through. You could coil the excess wire behind the plate when you reinstall it. But that definitely runs the risk of losing the cable since it might be navigating through a hard corner. If you go that route I'd suggest just asking your landlord. They'd probably be chill about it and might even pay for it.