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OcelotControl78 t1_j7j8tqk wrote

Reply to comment by NPRjunkieDC in Apartment Hunting Prices...Is There A Catch, Here? by [deleted]

10% max compared to the rate at non rent controlled appts, which is anything the landlord wants to charge. My rent controlled apt rose at about 4-5% a year. At the time non-rent controlled appts were raising 20-40%. Once rent freezes stopped after the shutdown some people were seeing increases above 40%. Rent control keeps rents to a manageable level & maintains affordable housing stock.

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NPRjunkieDC t1_j7j9175 wrote

Good for you .

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OcelotControl78 t1_j7rxar2 wrote

Welp, if you actually understood how rent control works you, too, could take advantage of it. Just a suggestion.

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