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by Swizec 2002 days ago
Our landlord proactively offered! We pushed back a little and got an overall savings of around $6000 for committing to another year in an apartment we love. Well worth it.

Added bonus: The apartment is rent controlled so it will take 2 to 3 years before rent climbs back up to our old level, if we stay.
1 comments
klipt 2001 days ago
I'm not sure rent control works that way. I think it only depends on the base rent, which is the rent in the year you moved in. I don't think later reductions reduce the base rent.

Which implies if you want to lock in lower rent with respect to rent control, you have to start a new lease in a different location.

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sjg007 2001 days ago
The new effective rent takes over, I assume they are month to month.
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