What is a reasonable rent increase %

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Today <10%, ideally <5%

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0-3%

10-15% given current market rates

Rent controlled is 5% max, but those are so rare. I would consider that the most reasonable, anything over 10% is crazy

Just to clarify - Rent *stabilized* is ~2% a year or as otherwise set by the board (e.g. 0% during the first year of the pandemic). Rent *controlled* can go up ~7% over two or three years but only to a maximum rent set by the city which is usually super low so most tenants don’t see increases.

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For commercial properties or multifamily? Commercial properties with long leases will have rent escalation clauses based on CPI with a minimum, and perhaps a maximum. Multifamily—it totally depends on the market.

My rent got hiked 40% (that’s on a covid low). Not much I can do about it but seems a bit unreasonable

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