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rent increase

Posted by chris on January 28, 1999 at 23:52:58:

I've rented from the same apartment for the past seven years with an annual rent increase of 6%. Then out of the blue, with a 30 day warning, my rent will increase 60%!!! I understand that I am neither rent contolled nor stabalized, but can the landlord increase a rent that dramatically after a seven yaer track record of 6%.
Thanks for any advice one may have for me.

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