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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.
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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 ...
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