Berlin is limiting rent increases to 10percentt of average rents in neighborhoods suffering housing shortages.
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The average monthly income for an elementary school teacher in the state can pay for 5.2 months of the average rent, much better than the 3.6 months a month's salary in New Hampshire covers.
Landlords asked for average rents of $2.33 per square foot per month, an increase of only 3 cents from the same period last year.
That compares to average rents of $38 in Fairfield.
CareerRookie and Apartments.com ranked the best cities for young professionals based on each city's population of young adults between the ages of 20 and 24, number of jobs stipulating less than a year of experience and the average rent of a one-bedroom apartment.
"The sample showed that as of November 1999, the average rent for all of the previously rent-controlled units essentially doubled, from $510 to $1,016," Mr. Steinbergh said.
In stark contrast, San Jose, Calif., has an average monthly mortgage payment of $4,322.33 ,versus an average rent of $1,612.
A third, by the insurer Direct Line for Business, claimed three areas of the country – Manchester, Newcastle and the London borough of Westminster – notched up average rent increases of more than 20% in 2014.
For example, in one test I gave developers an Excel file with a list of properties and some of their attributes, including things like year built, number of units and average rent.
