3 ms·
Ok, its true, there is some sort of rent control where I live, the inflation can only go up by the same as inflation - for the duration of the contract. But the
by collyw 7y ago
Ok, its true, there is some sort of rent control where I live, the inflation can only go up by the same as inflation - for the duration of the contract. But then one the contract is up they can charge what the market will let them. Contracts were 5 years, went down to 3, and are now back up to 5.
At the end of our last 5 year contract the rent went up by around 45%. Bought a small place further out instead.