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raising rent for an eternity

Posted by Vivienne on May 18, 1999 at 21:26:57:

This may seem naive but can (and does) a LL raise the tenant's rent (unstabilized) every year. It seems plausible for a couple of years, however, at some point there has got to be a cap, right? I've been living in my apartment for three years with yearly rent raises of 5%-7%. It seems absurd for this trend to continue, the apt wouldn't be worth that much.


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