• Captain Poofter@lemmy.world
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    9 months ago

    It’s the same thing here in Minnesota too. I just signed a lease, and they told me if I signed it quickly I could guarantee that price but the software recalculates it every month. I didn’t sign it in time, and rent went up $75 for nothing. It’s a 50-year-old building and hasn’t been renovated recently.

    • corsicanguppy@lemmy.ca
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      9 months ago

      My rent is up to $4/sqft/mo.

      But that’s because I moved and it reset to ‘market value’. Rental increases are tied to inflation in this region, enshrined in the law.