Quote:
Originally Posted by After Shock Media
The standard in my area is roughly a 7-9% growth rate when it comes to rents. So in reality my rents are often lower than others anyways, even with the 5% raises. Please also keep in mind that in my area a 5% raise is only about 35.00 a month/420.00 a year.
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With a written lease here in Florida the landlord may not raise the rent unless the lease allows it. Is it the same way in your state?