He also wants to eliminate the 20 percent rent hike — or «vacancy bonus» — that landlords can now impose when someone moves out. (dnainfo.com)
At the same time, the Rent Guidelines Board in June voted for a 1 percent rent increase for one - year leases and 2.75 percent for two - year leases, the lowest increase in multiple decades. (therealdeal.com)
Yardi Matrix forecasts a 2.8 percent rent growth for 2016. (multihousingnews.com)