http://seattlepi.nwsource.com/business/ ... ent28.html
Rental rates have increased by about 9% in the last year and up 6% since the Spring of 2007.
Since you all know I own, my rental costs are locked in and this increase has allowed me to now CASH FLOW my condo, as in owning costs the same amount as renting for me. (I got a killer deal in June 06 when I locked in my price)...my neighbor just sold his studio for a 23% gain (150k to 185K) in 1 year due to the developers accidently underpricing many units (didnt calculate our sqr footage right, boo ya for us).
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9% increase in Rent YOY
Moderators: synthetik, The Tim, Lake Hills Renter
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9% increase in Rent YOY
by finance » Thu Sep 27, 2007 10:09 pm
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by anforowicz » Fri Sep 28, 2007 8:06 am
I have just extended my lease agreement another 6 months on same terms. I started renting the place in November last year and I won't see a rent increase until at least August next year - no rent increase for 20 months.
- anforowicz
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by Horror Artist » Sat Sep 29, 2007 2:05 pm
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by rose-colored-coolaid » Sat Sep 29, 2007 9:52 pm
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rosy prediction on rents
by george » Sun Sep 30, 2007 4:13 pm
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