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Old 06-01-2013, 03:47 PM
 
16 posts, read 18,779 times
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thx
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Old 06-02-2013, 02:15 PM
 
171 posts, read 447,324 times
Reputation: 212
I've never heard of a rent-locked apartment. Do you maybe mean rent-controlled apartment? Rent controlled apartments can't have an increase over a certain percentage and that amount would depend on what city a person lived in. I think 3% sounds reasonable as the cost of maintaining a building can increase just like everything else.
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Old 06-02-2013, 03:59 PM
 
Location: TOVCCA
8,275 posts, read 10,530,300 times
Reputation: 11873
Los Angeles, 3% per year. Rate can be increased if so voted by city. Voted on each year.

http://www.cesinaction.org/Portals/0...tIncreases.pdf
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Old 06-02-2013, 06:53 PM
 
53 posts, read 76,253 times
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Rent control varies by city (if they even have a rent control ordinance in place). The Beverly Hills rent control ordinance allows for increases of up to 10% per year. Other cities have more restrictive measures in place (e.g, 3 percent per year).

The Los Angeles (city) ordinance only applies to residential buildings built BEFORE 1979. Newer complexes are exempt and landlords may increase the rent as far as the market will allow.
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Old 06-03-2013, 06:52 AM
 
Location: Sherman Oaks, CA
6,203 posts, read 15,022,717 times
Reputation: 7951
Actually, rent control in the City of Los Angeles only applies to multi-family residences who were issued a certificate of occupancy before October 1, 1978. Rent increases range from 3% to 8% per year. The increase is based on the Consumer Price Index (CPI) average for the twelve (12) month period ending September 30 of each year.

Here is some more info:

http://lahd.lacity.org/lahdinternet/...language=en-US
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Old 06-03-2013, 10:53 AM
 
Location: Pasadena, CA
10,087 posts, read 12,575,401 times
Reputation: 3941
My rent-controlled building goes up about 3% a year.
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