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rate of average yearly rent increases in top properties

Started by Tucsonnight
almost 17 years ago
Posts: 18
Member since: Feb 2009
Discussion about
In this climate, what do you think a fair rent increase would be for the third year...after receiving a two year lease today?
Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

10% reduction

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Response by Tucsonnight
almost 17 years ago
Posts: 18
Member since: Feb 2009

The future must look scary to you. Did your parents live vividly through the Great Depression?

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Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

No, they narrowly missed the First Depression. But I've lived nearly my whole life in a city that has a dramatic economic cycle. But also for a couple of years in AZ, where rents sometimes go down.

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Response by julia
almost 17 years ago
Posts: 2841
Member since: Feb 2007

you just signed a two year lease. relax and enjoy the apartment and hopefully you will keep your job and not have to worry about the third year.

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Response by bmw
almost 17 years ago
Posts: 219
Member since: Jan 2009

I agree with julia here.

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