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In 2006 and 2007, many bankers calculated expected rent increases when making commercial real estate loans and packaging them to investors.
That meant expected rent increases were spelled out in black and white sometimes years in advance of the expiration of tenants' leases.
He expected rent control to be gradually abolished as the housing supply increased, but the restrictions remained in force until 1933, when a new scheme was enacted.
The notice "in no way explained the potential effect of the change: that it could potentially increase the tenant's expected rent contribution and decrease his subsidy," Judge Stephen R. Reinhardt, a Carter appointee, wrote for the court.
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While the final rents have not been set, Douglas Brown, a partner at Regent Properties, said he expected rents to be slightly higher than $2 per square foot monthly.
The infrastructure plans will include more affordable housing for low income groups, funded partly by lower than expected rents for council and housing association tenants, which will save £540m in housing benefit by 2017-18.
Mr. Riguardi of Colliers ABR said there was still very little vacant space and new buildings under construction already had tenants, although he expected rents to fall by as much as one-third on the far West Side of Manhattan and in other once-industrial areas that had become fashionable for now struggling e-commerce and technology companies.
To induce immediate participation, the buyer is granted positive expected rents even if his value at arrival is the lowest possible.
By selecting the financially weakest contractor, stronger price competition (auctions) may not only increase the probability of default but also the contractorsʼ expected rents.
In this case, a simple compensation scheme exists that extracts the insolvency administrator's expected rents in the limit and induces no filtering failure at the same time.
In an undominated perfect Bayesian equilibrium (PBE) of an informed seller trading design model the object to be sold is given to the person who values the object most, and all ex-ante expected rents are extracted from all potential buyers.
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