LogFAQs > #958076904

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Topic	I have just moved from California to Indiana, ama.
Returning_CEmen 09/15/21 10:33:40 AM #21:	krazychao5 posted... wooooah, how could they raise it that much? and you were on the same lease or did it run out? There is a rent cap on multi units in California (which was also expended to all rentals during the pandemic). The most they can legally ever raise rent on TC would be 5%+CPI which would be like 6% right now and do that every year. That landlord would never get market rent. TC did them a huge favor --- Genius, Thousandaire, Playboy, Philanthropist <cite>Returning_CEmen posted [p:958076904] in I have jus... [t:79662572]...</cite> <quote>krazychao5 posted... </cite> <quote>wooooah, how could they raise it that much? and you were on the same lease or did it run out?</quote>There is a rent cap on multi units in California (which was also expended to all rentals during the pandemic). The most they can legally ever raise rent on TC would be 5%+CPI which would be like 6% right now and do that every year. That landlord would never get market rent. TC did them a huge favor --- Genius, Thousandaire, Playboy, Philanthropist</quote> ... Copied to Clipboard!
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