7 ms·
With stablization, the rent can be set to market rate when you rent to a tenant. Afterwards, the rent increases are controlled. The increases are based on infla
by ryan_lane 4y ago
With stablization, the rent can be set to market rate when you rent to a tenant. Afterwards, the rent increases are controlled. The increases are based on inflation and consumer pricing.
Rent control is where both the initial rent price, and the increases are controlled.
We're in a technical forum, so it's reasonable to actually differentiate terms we're discussing.