3 ms·
From the article: > If those numbers seem low — after all there are headlines about 40% rent increases — it's because the CPI measure includes renewal rents, t
by II2II 4y ago
From the article:
> If those numbers seem low — after all there are headlines about 40% rent increases — it's because the CPI measure includes renewal rents, the price you pay when you renew your lease.
- anovikov 4y agoSo right, just as i have expected. And vast majority of these renewed leases are regulated ones, being renewed from the Carter era if not before.