By 2005, her rent increased to $940 from $839 a month.
Rents in the last two years have increased about 20 percent.
Rents increased by 24% in the year to 25 March 2011.
Under the proposal, the annual rent would increase from $150,000 to between $1.6 and $2.2 million.
"And compared to a couple years ago, rents have really increased."
His original monthly rent, $325, increased over the years to $1,500.
Even though his rent will increase about 300 percent, to around $3,000 a month, he said the growing businesses should make it worthwhile.
Schools are packed with children, rents have increased and the economy has come alive.
The rent in 2010 increased to $300,000 per month.
The time when property values and rents automatically increased each year had become a thing of the past.
Tenant leaders disputed the price index and reiterated their opposition to rent increases.
There's nothing to buy, so people are renting, and that demand fuels rent increases.
In addition, escalating property values and rent increases are constantly at the door of those affordable units that do exist.
The program allows people 62 years old and older with incomes of less than $12,025 a year to apply for exemptions to rent increases.
As a rental, an occupied building that is upgraded will be entitled to rent increases under the state's major capital improvement program.
"There is a great deal of resistance to rent increases."
"Whether the topic was the weather, politics or rent increases, he was always argumentative."
The policy, it asserted, had led to rent increases of more than 50 percent.
Authorities requisitioned what space they could in waiting for reconstruction, and rent increases were forbidden throughout the city.
The board signed a 15-year lease, agreeing to rent increases from $541,000 to $625,000 a year during the course of the lease.
