| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | AA | AB | AC | AD | AE | AF | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Part 1. Income Level Selector | Rent as a percent of income | "Affordable Rents" as a percent of income (75% of median price) | |||||||||||||||||||||||||||||
2 | Type of Unit | Bachelor row and apartment structures of three units and over (A) | Bachelor apartment structures of three units and over (B) | Bachelor apartment structures of six units and over (C) | 1 Bedroom row and apartment structures of three units and over (A) | 1 Bedroom apartment structures of three units and over (B) | 1 Bedroom apartment structures of six units and over (C) | 2 Bedroom row and apartment structures of three units and over (A) | 2 Bedroom apartment structures of three units and over (B) | 2 Bedroom apartment structures of six units and over (C) | 3 Bedroom row and apartment structures of three units and over (A) | 3 Bedroom apartment structures of three units and over (B) | 3 Bedroom apartment structures of six units and over (C) | 3 Bedroom row structures of three units and over (D) | Type of Unit | Bachelor row and apartment structures of three units and over (A) | Bachelor apartment structures of three units and over (B) | Bachelor apartment structures of six units and over (C) | 1 Bedroom row and apartment structures of three units and over (A) | 1 Bedroom apartment structures of three units and over (B) | 1 Bedroom apartment structures of six units and over (C) | 2 Bedroom row and apartment structures of three units and over (A) | 2 Bedroom apartment structures of three units and over (B) | 2 Bedroom apartment structures of six units and over (C) | 3 Bedroom row and apartment structures of three units and over (A) | 3 Bedroom apartment structures of three units and over (B) | 3 Bedroom apartment structures of six units and over (C) | 3 Bedroom row structures of three units and over (D) | ||||
3 | Year | BachA | BachB | BachC | Bed1A | Bed1B | Bed1C | Bed2A | Bed2B | Bed2C | Bed3A | Bed3B | Bed3C | Bed3D | Year | BachA | BachB | BachC | Bed1A | Bed1B | Bed1C | Bed2A | Bed2B | Bed2C | Bed3A | Bed3B | Bed3C | Bed3D | ||||
4 | 22,000 | 1992 | 41% | 41% | 41% | 51% | 51% | 51% | 63% | 63% | 62% | 75% | 75% | 75% | 75% | 1992 | 31% | 31% | 31% | 38% | 38% | 38% | 47% | 47% | 47% | 56% | 56% | 57% | 56% | |||
5 | Data sourced from the Canada Mortgage and Housing Corporation, average rents for areas with a population of 10,000 and over dataset | 1993 | 42% | 42% | 42% | 51% | 51% | 51% | 63% | 63% | 63% | 76% | 75% | 76% | 76% | 1993 | 31% | 31% | 31% | 39% | 39% | 38% | 48% | 48% | 47% | 57% | 56% | 57% | 57% | |||
6 | Instructions | 1994 | 42% | 42% | 42% | 52% | 52% | 52% | 63% | 63% | 63% | 76% | 76% | 76% | 76% | 1994 | 31% | 31% | 31% | 39% | 39% | 39% | 47% | 47% | 47% | 57% | 57% | 57% | 57% | |||
7 | Type a yearly income amount into the yellow cell and view in the table to the right the percent of income (in 2015 dollars) taken up by rent comparatively over different years. For example, in Kingston, at income level $27,552 (a year at minimum wage), rent for a Bachelor Apartment of type A would cost about 22% of your income. | 1995 | 43% | 43% | 43% | 53% | 53% | 53% | 65% | 65% | 64% | 77% | 77% | 78% | 77% | 1995 | 32% | 32% | 32% | 40% | 40% | 40% | 48% | 48% | 48% | 58% | 58% | 58% | 58% | |||
8 | 1996 | 43% | 43% | 43% | 53% | 53% | 53% | 64% | 64% | 64% | 78% | 78% | 77% | 77% | 1996 | 32% | 32% | 32% | 40% | 40% | 40% | 48% | 48% | 48% | 58% | 59% | 58% | 58% | ||||
9 | Income is automatically adjusted for inflation, answers are rounded to the nearest whole number. Income is tied to 2015 to be exact with Statistic's Canada levels. | 1997 | 43% | 43% | 43% | 53% | 53% | 53% | 64% | 63% | 63% | 76% | 78% | 76% | 76% | 1997 | 32% | 32% | 32% | 40% | 40% | 40% | 48% | 48% | 48% | 57% | 58% | 57% | 57% | |||
10 | 1998 | 45% | 45% | 45% | 55% | 55% | 56% | 67% | 67% | 67% | 80% | 81% | 80% | 80% | 1998 | 34% | 34% | 34% | 42% | 42% | 42% | 50% | 50% | 50% | 60% | 61% | 60% | 60% | ||||
11 | Some notable levels of income include (measured in 2015 per year levels) | 1999 | 47% | 47% | 47% | 58% | 58% | 58% | 69% | 69% | 69% | 82% | 83% | 82% | 81% | 1999 | 35% | 35% | 36% | 44% | 44% | 44% | 52% | 52% | 51% | 61% | 62% | 61% | 61% | |||
12 | 2000 | 51% | 51% | 50% | 61% | 61% | 62% | 72% | 72% | 73% | 87% | 88% | 86% | 86% | 2000 | 38% | 38% | 38% | 46% | 46% | 46% | 54% | 54% | 55% | 65% | 66% | 65% | 65% | ||||
13 | Full time 2015 minimum wage earner (12.40 for 40 hours a week) | $ 1,984.00 | 2001 | 50% | 50% | 50% | 62% | 62% | 63% | 74% | 74% | 74% | 88% | 86% | 88% | 88% | 2001 | 38% | 38% | 38% | 47% | 47% | 47% | 55% | 55% | 56% | 66% | 64% | 66% | 66% | ||
14 | Full time 2020 minimum wage earner (14.25 for 40 hours a week, adjusted to 2015 dollars) | $ 27,360.00 | 2002 | 51% | 51% | 51% | 63% | 63% | 63% | 73% | 73% | 73% | 88% | 89% | 88% | 87% | 2002 | 38% | 38% | 39% | 47% | 47% | 47% | 55% | 55% | 55% | 66% | 67% | 66% | 66% | ||
15 | 2003 | 50% | 50% | 50% | 61% | 61% | 61% | 71% | 71% | 71% | 84% | 87% | 83% | 83% | 2003 | 38% | 38% | 38% | 45% | 45% | 46% | 54% | 54% | 54% | 63% | 66% | 62% | 62% | ||||
16 | Total Ontario Works | Shelter Allowance (included in total) | 2004 | 49% | 49% | 49% | 59% | 59% | 59% | 70% | 70% | 70% | 83% | 86% | 82% | 83% | 2004 | 36% | 36% | 37% | 44% | 44% | 44% | 53% | 53% | 53% | 62% | 64% | 62% | 62% | ||
17 | Single Person | $ 681.00 | $ 376.00 | 2005 | 47% | 47% | 48% | 58% | 58% | 58% | 69% | 69% | 69% | 82% | 83% | 81% | 81% | 2005 | 36% | 36% | 36% | 44% | 44% | 44% | 52% | 52% | 52% | 61% | 62% | 61% | 61% | |
18 | Single + child | $ 1,062.00 | $ 609.00 | 2006 | 47% | 47% | 48% | 57% | 57% | 57% | 68% | 68% | 68% | 81% | 81% | 81% | 81% | 2006 | 36% | 36% | 36% | 43% | 43% | 43% | 51% | 51% | 51% | 61% | 61% | 61% | 61% | |
19 | Couple + 2 children | $ 1,408.00 | $ 718.00 | 2007 | 46% | 46% | 47% | 56% | 56% | 57% | 67% | 67% | 66% | 79% | 81% | 79% | 78% | 2007 | 35% | 35% | 35% | 42% | 42% | 42% | 50% | 50% | 50% | 59% | 61% | 59% | 59% | |
20 | Total Ontario Disability Support Provision | 2008 | 47% | 47% | 47% | 57% | 57% | 57% | 67% | 67% | 67% | 79% | 80% | 79% | 78% | 2008 | 35% | 35% | 35% | 43% | 43% | 43% | 50% | 50% | 50% | 60% | 60% | 59% | 59% | |||
21 | Single | $ 1,110.00 | $ 479.00 | 2009 | 45% | 45% | 46% | 56% | 56% | 56% | 66% | 66% | 65% | 78% | 80% | 77% | 77% | 2009 | 34% | 34% | 34% | 42% | 42% | 42% | 49% | 49% | 49% | 58% | 60% | 58% | 58% | |
22 | Single + child | $ 1,638.00 | $ 753.00 | 2010 | 46% | 46% | 46% | 57% | 57% | 57% | 67% | 67% | 67% | 79% | 81% | 79% | 79% | 2010 | 35% | 35% | 35% | 43% | 43% | 43% | 50% | 50% | 50% | 60% | 61% | 59% | 59% | |
23 | Couple + 2 children | $ 2,025.00 | $ 886.00 | 2011 | 48% | 48% | 48% | 57% | 57% | 57% | 67% | 67% | 67% | 80% | 81% | 79% | 79% | 2011 | 36% | 36% | 36% | 43% | 43% | 43% | 51% | 51% | 51% | 60% | 61% | 59% | 59% | |
24 | 2012 | 48% | 48% | 48% | 57% | 57% | 58% | 67% | 67% | 67% | 80% | 80% | 81% | 79% | 2012 | 36% | 36% | 36% | 43% | 43% | 43% | 51% | 51% | 50% | 60% | 60% | 60% | 60% | ||||
25 | Median after-tax income of Toronto lone-parent economic families in 2015 ($) | $ 52,793.00 | 2013 | 49% | 49% | 49% | 58% | 58% | 58% | 68% | 68% | 68% | 82% | 84% | 82% | 81% | 2013 | 37% | 37% | 37% | 43% | 43% | 43% | 51% | 51% | 51% | 62% | 63% | 61% | 60% | ||
26 | Median after-tax income of Toronto one-person households in 2015 ($) | $ 35,320.00 | 2014 | 50% | 50% | 50% | 59% | 59% | 59% | 70% | 70% | 69% | 82% | 83% | 81% | 80% | 2014 | 37% | 37% | 38% | 44% | 44% | 45% | 52% | 52% | 52% | 61% | 62% | 61% | 60% | ||
27 | Median employment income in 2015 for Toronto full-year full-time workers ($) | $ 56,715.00 | 2015 | 51% | 51% | 51% | 60% | 60% | 60% | 70% | 70% | 70% | 83% | 84% | 82% | 81% | 2015 | 38% | 38% | 38% | 45% | 45% | 45% | 53% | 53% | 52% | 62% | 63% | 62% | 61% | ||
28 | Median after-tax income of households in 2015 ($) | $ 68,856.00 | 2016 | 52% | 52% | 52% | 61% | 61% | 61% | 72% | 72% | 72% | 82% | 85% | 82% | 81% | 2016 | 39% | 39% | 39% | 46% | 46% | 46% | 54% | 54% | 54% | 62% | 63% | 61% | 61% | ||
29 | 2017 | 54% | 54% | 54% | 63% | 63% | 64% | 75% | 75% | 74% | 85% | 89% | 83% | 83% | 2017 | 40% | 40% | 41% | 48% | 48% | 48% | 56% | 56% | 56% | 63% | 67% | 63% | 62% | ||||
30 | Contextual Facts | 2018 | 57% | 57% | 57% | 66% | 66% | 66% | 77% | 77% | 77% | 86% | 89% | 85% | 85% | 2018 | 42% | 42% | 43% | 50% | 50% | 50% | 58% | 58% | 58% | 65% | 67% | 64% | 64% | |||
31 | Toronto in this situation is the Toronto Economic Area, as described by StatsCan | 2019 | 58% | 58% | 59% | 70% | 70% | 70% | 80% | 80% | 80% | 89% | 88% | 89% | 89% | 2019 | 44% | 44% | 44% | 52% | 52% | 52% | 60% | 60% | 60% | 66% | 66% | 66% | 67% | |||
32 | Wages grew at a rate of 2.44% anually from 1992-2021 | 2020 | 60% | 60% | 61% | 71% | 71% | 71% | 82% | 82% | 82% | 93% | 95% | 93% | 92% | 2020 | 45% | 45% | 45% | 54% | 54% | 54% | 62% | 62% | 62% | 70% | 71% | 70% | 69% | |||
33 | Rent is generally considered to be "affordable" if it is less than 30% of one's income. Many landlords reject applicants if rent is greater than 30%. An individual is considered to be in "core housing need' if rent is above that 30% mark | |||||||||||||||||||||||||||||||
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39 | Part 2. Rate of Change for Rents Compared against Ontario Maximum Allowable Increase | Rate of change (roc) yearly for rent prices (% increases) | ||||||||||||||||||||||||||||||
40 | Cells in grey indicate where the rent increase for that type of unit was greater than the max allowable increase for that year. Cells in red indicate that over 50% of unit types that year rose above the max level. Currently in Ontario, the max increase level is only applicable for units where tenants have stayed year over year, meaning that as soon as a unit becomes vacent, the rent can be adjusted to any amount the landlord chooses. | Year | rocBachA | rocBachB | rocBachC | rocBed1A | rocBed1B | rocBed1C | rocBed2A | rocBed2B | rocBed2C | rocBed3A | rocBed3B | rocBed3C | rocBed3D | Unit type above guideline | Unit type above guideline # | rocBachT | rocBed1T | rocBed2T | rocBed3T | Ontario yearly max allowable increase (%) | ||||||||||
41 | 1992 | Average for unit type | 6 | |||||||||||||||||||||||||||||
42 | 1993 | 3.448275862 | 3.448275862 | 3.448275862 | 2.786885246 | 2.955665025 | 2.791461412 | 2.38410596 | 2.519893899 | 2.803738318 | 2.762430939 | 2.98013245 | 2.876106195 | 1.659292035 | 0% | 0 | 3.448275862 | 2.844670561 | 2.569246059 | 2.569490405 | 4.9 | |||||||||||
43 | 1994 | 1.176470588 | 1.176470588 | 1.37254902 | 2.232854864 | 2.232854864 | 2.396166134 | 1.552393273 | 1.423027167 | 1.558441558 | 1.720430108 | 1.39335477 | 1.397849462 | 3.155603917 | 0% | 0 | 1.241830065 | 2.287291954 | 1.511287333 | 1.916809564 | 3.2 | |||||||||||
44 | 1995 | 2.906976744 | 2.906976744 | 2.707930368 | 3.120124805 | 3.120124805 | 2.964118565 | 2.547770701 | 2.678571429 | 2.685421995 | 2.00845666 | 2.114164905 | 1.908801697 | 1.371308017 | 38% | 5 | 2.840627952 | 3.068122725 | 2.637254708 | 1.85068282 | 2.9 | |||||||||||
45 | 1996 | 1.883239171 | 1.883239171 | 2.071563089 | 2.118003026 | 2.118003026 | 2.121212121 | 1.739130435 | 1.739130435 | 1.743462017 | 2.383419689 | 2.070393375 | 2.393340271 | 3.53798127 | 8% | 1 | 1.94601381 | 2.119072724 | 1.740574296 | 2.596283651 | 2.8 | |||||||||||
46 | 1997 | 2.58780037 | 2.58780037 | 2.767527675 | 1.481481481 | 1.481481481 | 1.78041543 | 0.3663003663 | 0.2442002442 | 0.2447980416 | 0.1012145749 | -0.1014198783 | -0.5081300813 | 1.105527638 | 0% | 0 | 2.647709472 | 1.581126131 | 0.2850995507 | 0.1492980634 | 2.8 | |||||||||||
47 | 1998 | 6.126126126 | 6.126126126 | 5.745062837 | 6.423357664 | 6.423357664 | 6.413994169 | 7.177615572 | 7.30816078 | 7.326007326 | 6.471183013 | 6.802030457 | 7.048008172 | 5.467196819 | 100% | 13 | 5.99910503 | 6.420236499 | 7.270594559 | 6.447104615 | 3 | |||||||||||
48 | 1999 | 6.62139219 | 6.62139219 | 6.791171477 | 5.624142661 | 5.624142661 | 5.479452055 | 3.972758229 | 3.972758229 | 3.640500569 | 3.133903134 | 2.851711027 | 2.86259542 | 3.958529689 | 85% | 11 | 6.677985286 | 5.575912459 | 3.862005676 | 3.201684817 | 3 | |||||||||||
49 | 2000 | 8.757961783 | 8.757961783 | 7.949125596 | 7.792207792 | 7.792207792 | 8.051948052 | 6.877729258 | 6.877729258 | 7.79363337 | 7.73480663 | 7.670979667 | 7.884972171 | 7.796917498 | 100% | 13 | 8.488349721 | 7.878787879 | 7.183030628 | 7.771918991 | 2.6 | |||||||||||
50 | 2001 | 1.756954612 | 1.756954612 | 2.9455081 | 4.337349398 | 4.337349398 | 4.447115385 | 4.902962206 | 4.902962206 | 4.786150713 | 4.102564103 | 5.064377682 | 5.073086844 | 0.3364171573 | 77% | 10 | 2.153139108 | 4.37393806 | 4.864025042 | 3.644111447 | 2.9 | |||||||||||
51 | 2002 | 4.892086331 | 4.892086331 | 4.721030043 | 2.886836028 | 2.886836028 | 2.761795167 | 1.947419669 | 1.947419669 | 1.554907677 | 3.201970443 | 2.369281046 | 1.882160393 | 6.538139145 | 31% | 4 | 4.835067568 | 2.845155741 | 1.816582338 | 3.497887757 | 3.9 | |||||||||||
52 | 2003 | 0.2743484225 | 0.2743484225 | 0.2732240437 | -0.785634119 | -0.785634119 | -0.8958566629 | -0.6685768863 | -0.6685768863 | -0.2870813397 | -2.704852824 | -3.351955307 | -2.570281124 | 0.1573564123 | 0% | 0 | 0.2739736296 | -0.822374967 | -0.5414117041 | -2.117433211 | 2.9 | |||||||||||
53 | 2004 | -0.5471956224 | -0.5471956224 | -0.408719346 | 0.2262443439 | 0.2262443439 | 0.2259887006 | 1.153846154 | 1.153846154 | 0.9596928983 | 1.798855274 | 1.981833196 | 2.061005771 | 0.9426551453 | 0% | 0 | -0.5010368636 | 0.2261591294 | 1.089128402 | 1.696087346 | 2.9 | |||||||||||
54 | 2005 | -0.4126547455 | -0.4126547455 | -0.5471956224 | 0.2257336343 | 0.2257336343 | 0.2254791432 | 0 | 0 | -0.1901140684 | 0.2409638554 | 0.6477732794 | 0 | -1.011673152 | 0% | 0 | -0.4575017045 | 0.2256488039 | -0.06337135615 | -0.03073400424 | 1.5 | |||||||||||
55 | 2006 | 2.209944751 | 2.209944751 | 2.200825309 | 0.9009009009 | 0.9009009009 | 0.8998875141 | 1.425855513 | 1.425855513 | 1.428571429 | 1.842948718 | 2.333065165 | 2.423263328 | -0.2358490566 | 38% | 5 | 2.206904937 | 0.9005631053 | 1.426760818 | 1.590857039 | 2.1 | |||||||||||
56 | 2007 | 0 | 0 | -0.134589502 | 0.4464285714 | 0.4464285714 | 0.4459308807 | -0.5623242737 | -0.5623242737 | -0.7511737089 | -0.7867820614 | -1.572327044 | -1.735015773 | 1.970055162 | 0% | 0 | -0.04486316734 | 0.4462626745 | -0.6252740854 | -0.5310174292 | 2.6 | |||||||||||
57 | 2008 | 3.243243243 | 3.243243243 | 3.504043127 | 3 | 3 | 2.996670366 | 3.204524034 | 3.204524034 | 3.405865658 | 2.537668517 | 2.875399361 | 2.568218299 | 1.313755796 | 92% | 12 | 3.330176538 | 2.998890122 | 3.271637908 | 2.323760493 | 1.4 | |||||||||||
58 | 2009 | -0.7853403141 | -0.7853403141 | -0.9114583333 | -0.1078748652 | -0.1078748652 | 0 | 0.09132420091 | 0.09132420091 | -0.3659652333 | 0.464037123 | 0.1552795031 | 0.7042253521 | 1.754385965 | 0% | 0 | -0.8273796539 | -0.07191657677 | -0.06110561049 | 0.7694819858 | 1.8 | |||||||||||
59 | 2010 | 2.506596306 | 2.506596306 | 2.23390276 | 2.483801296 | 2.483801296 | 2.586206897 | 2.46350365 | 2.46350365 | 2.662993572 | 2.309468822 | 2.480620155 | 2.408702409 | 1.649175412 | 92% | 12 | 2.415698457 | 2.517936496 | 2.53000029 | 2.2119917 | 2.1 | |||||||||||
60 | 2011 | 5.405405405 | 5.405405405 | 5.655526992 | 2.950474183 | 2.950474183 | 2.836134454 | 2.226179875 | 2.31522707 | 2.683363148 | 2.031602709 | 2.042360061 | 2.352048558 | 2.212389381 | 100% | 13 | 5.488779268 | 2.91236094 | 2.408256698 | 2.159600177 | 0.7 | |||||||||||
61 | 2012 | 2.197802198 | 2.197802198 | 2.311435523 | 3.07062436 | 3.07062436 | 3.064351379 | 3.048780488 | 2.959094865 | 2.787456446 | 4.056047198 | 4.744255004 | 3.261675315 | 1.226551227 | 23% | 3 | 2.235679973 | 3.068533367 | 2.931777266 | 3.322132186 | 3.1 | |||||||||||
62 | 2013 | 4.301075269 | 4.301075269 | 4.399524376 | 2.482621648 | 2.482621648 | 2.378592666 | 2.366863905 | 2.535925613 | 2.542372881 | 3.543586109 | 2.901627742 | 3.158650395 | 6.200997862 | 69% | 9 | 4.333891638 | 2.447945321 | 2.4817208 | 3.951215527 | 2.5 | |||||||||||
63 | 2014 | 2.634593356 | 2.634593356 | 2.505694761 | 3.391472868 | 3.391472868 | 3.48499516 | 3.303055326 | 3.132728772 | 3.223140496 | 0.3422313484 | 0.2751031637 | 0 | 0.4026845638 | 69% | 9 | 2.591627158 | 3.422646965 | 3.219641531 | 0.255004769 | 0.8 | |||||||||||
64 | 2015 | 4.575892857 | 4.575892857 | 4.555555556 | 3.373945642 | 3.373945642 | 3.180542563 | 2.797761791 | 2.957633893 | 2.722177742 | 3.410641201 | 3.566529492 | 3.549060543 | 3.27540107 | 100% | 13 | 4.569113757 | 3.309477949 | 2.825857809 | 3.450408076 | 1.6 | |||||||||||
65 | 2016 | 2.134471718 | 2.134471718 | 1.912858661 | 2.62919311 | 2.62919311 | 2.810516772 | 3.110419907 | 3.027950311 | 3.351519875 | 0.5936675462 | 0.3311258278 | 0.9408602151 | 1.42394822 | 62% | 8 | 2.060600699 | 2.689634331 | 3.163296698 | 0.8224004523 | 2 | |||||||||||
66 | 2017 | 5.851619645 | 5.851619645 | 5.943691345 | 5.477031802 | 5.477031802 | 5.555555556 | 5.80693816 | 5.80256217 | 5.580693816 | 4.196721311 | 3.564356436 | 3.994673768 | 6.828334397 | 100% | 13 | 5.882310212 | 5.503206387 | 5.730064715 | 4.646021478 | 1.5 | |||||||||||
67 | 2018 | 6.712734452 | 6.614017769 | 6.594488189 | 5.611390285 | 5.611390285 | 5.513784461 | 4.632929437 | 4.487179487 | 4.857142857 | 3.650094399 | 4.07903123 | 4.225352113 | 1.732377539 | 92% | 12 | 6.64041347 | 5.57885501 | 4.659083927 | 3.42171382 | 1.8 | |||||||||||
68 | 2019 | 5.642923219 | 5.648148148 | 6.186518929 | 7.930214116 | 7.930214116 | 7.917656374 | 6.471389646 | 6.475800954 | 6.403269755 | 5.039465695 | 6.062461727 | 6.511056511 | 0.9395184968 | 92% | 12 | 5.825863432 | 7.926028202 | 6.450153452 | 4.638125607 | 1.8 | |||||||||||
69 | 2020 | 5.429071804 | 5.521472393 | 4.869565217 | 4.408523145 | 4.408523145 | 4.475421864 | 4.734484965 | 4.673495519 | 4.737516005 | 7.167630058 | 6.697459584 | 5.767012687 | 9.540430483 | 100% | 13 | 5.273369805 | 4.430822718 | 4.715165496 | 7.293133203 | 2.2 | |||||||||||
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77 | Part 3. Hypothetical Rent Levels a) | |||||||||||||||||||||||||||||||
78 | This graph shows what rent would have been in 2020 had the maximum guidelines been followed. For example, a datapoint where the X-Axis indicates 1992 would be the price in 2020 should the rent have only risen according to the guideline level, beginning in 1992. So as if a tenant had remained at the unit beginning in 1992. | |||||||||||||||||||||||||||||||
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80 | The actual levels for each unit type is designated by a dashing line, as seen in the legend. | |||||||||||||||||||||||||||||||
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82 | 2011 was determined to be the end point for analysis as rent increases were greater than the maximum increase level for more than 50% of all unit types for each year afterwords (except for 2014) | |||||||||||||||||||||||||||||||
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