3 ms·
The Dubai rent control system has some important differences compared to Berkeley. Dubai’s rent change is indexed to the rental market but Berkeley’s isn’t. B
by gfdhjd3 1mo ago
The Dubai rent control system has some important differences compared to Berkeley. Dubai’s rent change is indexed to the rental market but Berkeley’s isn’t. Berkeley’s max change in a year is like 1% while Dubai’s could be as high as 20% in some cases.
Also, in Dubai if the owner wants to sell and not renew the lease they can. In Berkeley it’s not nearly so simple.
I would not want to be a landlord in Berkeley.