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Old 10-30-2024 | 05:20 PM
  #91  
SonicFlyer
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Originally Posted by notEnuf
Unless you have a fixed 10 year lease (not likely) you can count on your rent going up every 2 years by 10%ish. No landlord will lock in a rent for more than 2 years and no landlord is going to forgo an increase unless the market tanks and housing becomes significantly more affordable. I did 2 year leases and 10% on renewal, that's standard. Some did 2 year lease with a 5% or market increase at 12 months.
So there is a growing trend among some landlords that will forego rent hikes if they have an excellent tenat. In other words a good tenat may not be worth running off from a rent increase.
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