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Re: Rent Guidelines Board: increases 4%-6%

Posted by JBS on May 08, 2000 at 23:10:38:

In Reply to: Rent Guidelines Board: meeting tonight re rent increases 2000/01 posted by JBS on May 08, 2000 at 12:43:26:

: Monday

: May 8th, 2000
: Public Meeting
: (Preliminary Vote)

They voted for apartment rents to increase 4% for one year, 6% for two years plus a $15 extra increase for rents lower than $500/mo. SRO/hotels = 4%.

Landlord operating expenses increased only 0.01%, with average PROFIT at $300 per apartment.

Could have been worse but we're still getting shafted again: please come to the next public meeting:

Thursday June 15th, 2000

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