That's correct Markor. So, this is not at all like most other cities have done it.
Once you move in, rent increases are predictable, and dare I say FAIR. They are based upon the CPI for LA in the previous year. If the CPI is ever negative, rents do not go down, but they don't get any raise that year either. No one sez that rents MUST go up every year either, but if they must, it must be based upon the adjusted CPI for the area.
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Seattle Rent Hikes
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Re: Seattle Rent Hikes
by Robroy » Wed Aug 13, 2008 8:56 am
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Re: Seattle Rent Hikes
by explorer » Wed Aug 13, 2008 7:47 pm
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Re: Seattle Rent Hikes
by Markor » Wed Aug 13, 2008 8:25 pm
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Re: Seattle Rent Hikes
by explorer » Wed Aug 13, 2008 10:26 pm
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Re: Seattle Rent Hikes
by Robroy » Thu Aug 14, 2008 7:49 am
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