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> It’s up seven percentage points from last month and is now at the highest pace this year, the survey showed. > More than half say their rent is at least 10%
by Cwizard 4y ago
> It’s up seven percentage points from last month and is now at the highest pace this year, the survey showed.
> More than half say their rent is at least 10% higher than it was six months ago, and in seven say rents have increased at least 20%.
- fma 4y agoI can't speak for all business owner, but as a business owner I signed a 5 year lease with an option to renew...so I know my rent price 10 years out. My price only changes at the 5 year market and I knew it when signing the lease. Who are these people where their rent changes 6 months? When we looked around these are fairly common terms... I mean technically our rate increased last year so we are part of some, statistics but it's meaningless.