[quote=Jazzman]^^^ 15% in one year?! Sounds more like gouging than market research.[/quote]
The question is whether the OP was way below market or not….
If the asking rent is way out of wack with market price reality, then all he has to do is move… Rent prices can’t be *that* out of wack from market prices…..I don’t think rent gouging really works if there’s no demand for it at that price…. The question is whether a comparable rental is less… Is it?
And the other question.
Was he the only one that got the notice. Maybe his rent was way below market versus everyone else.
