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Seattle Bubble Forum Archive • View topic - 9% increase in Rent YOY

9% increase in Rent YOY

Anything and everything relating to Seattle-area real estate.

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9% increase in Rent YOY

Postby finance » Thu Sep 27, 2007 10:09 pm

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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Postby 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.
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Postby deejayoh » Fri Sep 28, 2007 8:35 am

deejayoh
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Postby finance » Sat Sep 29, 2007 9:46 am

finance
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Postby deejayoh » Sat Sep 29, 2007 11:27 am

deejayoh
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Postby deejayoh » Sat Sep 29, 2007 11:32 am

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Postby Horror Artist » Sat Sep 29, 2007 2:05 pm

Horror Artist
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Location: Seattle

Postby finance » Sat Sep 29, 2007 3:30 pm

finance
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questions

Postby george » Sat Sep 29, 2007 6:15 pm

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Postby rose-colored-coolaid » Sat Sep 29, 2007 9:52 pm

rose-colored-coolaid
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rosy prediction on rents

Postby george » Sun Sep 30, 2007 4:13 pm

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