I do hope the Gov't. steps in to regulate the rents. If not, we are still at the mercy of continued "unregulated" rent increases, regardless if the "Oil" is doing well or not in the market. Last year (2014) my rent increase by 10%, this year last month i got notified of a 15% increase, OMG! what will be next year?!!! 20%!!! so on and so forth ..... :(
I do hope the Gov't. steps in to regulate the rents. If not, we are still at the mercy of continued "unregulated" rent increases, regardless if the "Oil" is doing well or not in the market. Last year (2014) my rent increase by 10%, this year last month i got notified of a 15% increase, OMG! what will be next year?!!! 20%!!! so on and so forth ..... :(