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Originally Posted by Hondaracer
It's already gone, rent hikes are like irrelevant, 2/3/4%
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Currently, the maximum allowed hike is inflation + 2%. It isn't much, and a smart landlord with a good tenant may or may not even increase it by that much anyway since it is probably a better idea to keep a good tenant than to price them out.
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the people who are already paying 1800 for a 1br can probably absorb the increase, the people on the fringes who are dealing with rental companies and landlords that are taking advantage of the yearly increases are fucked. They were already fucked before this new standard. It's not sustainable for people who are living cheque to cheque to try and live in situations like that regardless of the increase.
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^^ I quite agree with all this.