Sentence examples for rent calculation from inspiring English sources
The city, in turn, changed the rent calculation and amended the purchase price, inserting a formula that effectively reduced it to $19.9 million, according to the audit.
He said that the agency "moved quickly to ensure that its residents were not hurt by this by granting rent credits and ensured that no one would be adversely effected by legal action stemming from a rent calculation error.
The city's public housing agency overcharged hundreds of welfare families because of a rent calculation error and took many of them to court, threatening them with eviction for failing to pay the higher amount.
The public housing agency "discovered a problem with its welfare rent calculation system and has been proactive in addressing the issue," its general manager, Douglas Apple, said in a statement.
"… Although the association owns a hotel that operates on county-owned land, the county allowed the association to exclude its hotel's revenue from its rent calculation for reasons that the county cannot adequately explain".
The "living rents" scheme could cut the housing benefit bill considerably, and makes far more practical sense than the current "affordable rent" calculations of 80% of market rent.
Of course, he added, incentives are being extended to those who sign new leases — rent-free months, moving expenses or building improvements — that don't show up in the average rent calculations.
In the first annual report, I did a page on rents and calculations.
It's difficult to imagine a time when I didn't walk into someone's apartment and immediately start the income-to-rent-ratio calculations, and I would now guess that the apartment had been rent-controlled for decades, and that the copyist paid perhaps three hundred dollars a month.
In short, rent vs. buy calculations can help track trends, but it's hard to say that there is a single, magic number where home buying must be cheaper than renting — for you.
Between 15 and 20, the rent-versus-buy calculation depends on tax deductions and other personal circumstances.
