For those moving into the community, brand new book possess twofold so you can $700 thirty days

For those moving into the community, brand new book possess twofold so you can $700 thirty days

She might generate losses of the selling their unique household since she was informed the value has gone down due to highest rents for brand new owners. One to highest lease enjoys determined down the value of this new homes recently, told you Christine DiSabatino, 69, an agent exactly who lives in Navarre Town. One to domestic one to recently offered getting $40,000 most likely will have offered for more than $60,000 last year, before the rent increases was put in place, she said.

Legacy Groups head functioning manager Andrew Fells told you from inside the a statement the organization takes into account numerous factors whenever choosing lease increases, for instance the price of investment from inside the improving and maintaining the property, functioning and gives will cost you, the cost of mortgage interest and dominant costs, also rents or any other charge in the comparable attributes. Fortsett å lese «For those moving into the community, brand new book possess twofold so you can $700 thirty days»