User Responses
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From:
Anonymous
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Date:
11/17/2007
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I was told somewhere b/w 5% and 8% when I initially rented.
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From:
ireturned
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Date:
11/19/2007
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I don't know if they can really predict that far...depends on the market and the "suggested" rate increase that the industry uses as a benchmark.....this area is top dollar, I'm afraid; locking in for 15-24 months lease sometimes might save a bit of money - another resident struggling with the same concerns........
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From:
Anonymous
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Date:
12/26/2007
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I would expect 10%. "Market rate" is the typical response you'll get from most companies. I also think Metric Properties will try to take advantage of you not wanting to pack up and move and will be on the high side of the average market increase.
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From:
Anonymous
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Date:
01/01/2008
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I just received a notice that my lease will end in March.
The increase is nowhere close the 10%; try 2%. I plan to renew.
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From:
Anonymous
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Date:
01/10/2008
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To the person who posted on 12/26, can you be anymore negative? How can you really have an idea of what the rental increases will be? I received a renewal notice recently and I was not given an increase. Get your facts right before you go blowing off on something you know nothing about. You are the one who is taking advantage of people by positing information with the intent to mislead.
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