Posted by William Rowen, Met Council on February 12, 1998 at 01:18:14:
In Reply to: HVS' Gross Rent & Contract Rent?? posted by G.Renee on February 10, 1998 at 16:26:02:
: The Housing Vacancy Survey (HVS) differentiates between Gross Rent and Contract Rent. Can someone please e-mail me at email@example.com or post a message on this board explaining the difference between the two terms?
Yes. Contract rent is defined in the HVS as the lease rent. Gross rent is the lease rent plus utilities and fuel, if paid separately, such as electricity, gas, water and sewer, and fuel (gas, oil, etc.).
Gross rent is the factor thought to be most reliable for measuring rent burden in general terms, because housing cost rarely exclude utilities and fuel.
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