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The core CPI advanced 3.9% on a year-on-year basis, matching December's increase. With the CPI data in hand, economists estimated the core PCE price index increased 0.3% in January after gaining 0 ...
For the record: 10:12 a.m. Aug. 1, 2024: Correction: An earlier version of this story said the 8.9% cap is for all of L.A. County; it is not.. On Thursday, some L.A. County tenants may wake up to ...
Rent and owners' equivalent rent each rose 0.4% on a monthly basis in May, matching April's increases. Owners' equivalent rent is the hypothetical rent a homeowner would pay for the same property.
The frequency and degree of rent increases are limited, usually to the rate of inflation defined by the United States Consumer Price Index or to a fraction thereof. San Francisco, for example, allows annual rent increases of 60% of the CPI, up to a maximum 7%. [65] Rent control laws are often administered by nonelected rent control boards.
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 November 2024. Regulations to reduce increases in housing rents "Rent control" redirects here. For other uses, see Rent control (disambiguation). Part of a series on Living spaces Main House: detached semi-detached terraced Apartment Bungalow Cottage Ecohouse Green home Housing project Human outpost I ...
Still, this increase is more than triple the 2.2% annual rent increase seen during the same month two years ago. Click here for the latest economic news and economic indicators to help you in your ...
The United States Consumer Price Index (CPI) is a price index that is based on the idea of a cost-of-living index. The U.S. Department of Labor's Bureau of Labor Statistics (BLS) explains the differences: The CPI frequently is called a cost-of-living index, but it differs in important ways from a complete cost-of-living measure.
There’s a problem with inflation. It just refuses to go that “last mile” down to 2%, the magic percentage targeted by the Federal Reserve.Economists have widely agreed on one culprit: high ...