Annual rent increase

[Anonymous]

14% at the woodley apartments in woodley park.

[Anonymous]

14% - is that the annual increase or the first increase in a few years?

[Anonymous]

Rent is going up in DC area

[Anonymous]

The landlords allegedly collude through software. I've heard from friends who are apartment shopping that they'll monitor certain apartments, and the prices will fluctuate by $500 or more from week to week. Kind of crazy. I guess it's now like shopping for clothes -- you have to constantly monitor and then jump when the software program puts it on "sale."

[Anonymous]

My lease states 3 % if I like tenant I drop to 2 % or keep as is .

[Anonymous]

10-15% minimum do it gradually rather than dump like 40% please after years of mom changes. Better yet build it into the maze

[Anonymous]

DC voucher program pays more than the actual market rent.

[Anonymous]

I only go up to the point where my taxes may increase. I want my tenants to stay.

[Anonymous]

Anonymous wrote:The landlords allegedly collude through software. I've heard from friends who are apartment shopping that they'll monitor certain apartments, and the prices will fluctuate by $500 or more from week to week. Kind of crazy. I guess it's now like shopping for clothes -- you have to constantly monitor and then jump when the software program puts it on "sale."

I guess the DOJ lawsuits against RealPage didn’t stick.

[Anonymous]

Raise rent after lease expires if rent is under market, tenants are violating lease and there is no other remedy. Hopefully they take the hint and leave.

[Anonymous]

So, are rents really going up in DC while people are afraid losing their jobs? They sure are up in my building, but the expensive ones have sat empty for months.

[Anonymous]

MoCo limits rent increase to "the lesser of the Consumer Price Index for All Urban Consumers for the Washington-Arlington-Alexandria (CPI-U) plus 3% or 6%" --- even with tenant turnover.
I guess I should have increased the rent after the Covid restrictions expired, during which HOA fees and utilities skyrocketed

[Anonymous]

I have rented the same condo for 10 years and the rent hasn't gone up. In return, I don't complain about the nasty tub that needs to be reglazed or the broken drawer in the kitchen.

[Anonymous]

Anonymous wrote:So, are rents really going up in DC while people are afraid losing their jobs? They sure are up in my building, but the expensive ones have sat empty for months.

Rents seem really high right now. Hard to find a decent 1 BR under $2500, which is nuts.

[Anonymous]

Anonymous wrote:I have rented the same condo for 10 years and the rent hasn't gone up. In return, I don't complain about the nasty tub that needs to be reglazed or the broken drawer in the kitchen.

Lucky you. Not only do I not complain, I paid for an installation of an appliance after I went out and bought it, pay for all small fixes, ordered and paid for new filters, and tip the maintenance men well. I don't use several of the appliances as I prefer my own. My landlord still raised my rent 11%.
They do consider me a great tenant, but I want out. The 11% increase was too much.