As of April 1, new increases in rents will come into force, which are added to a series of increases such as rates, fuel and prepaid, among others.
They will come into effect from April 1st. new rent increasesfor those who renew the contract, which are added to a series of increases such as rates, fuel and prepaid, among others.
He update mechanism for rentals is regulated by the Rental Lawwhich establishes that the increase is made according to an average of the annual variation of inflation, published by INDEC, and the level of wages of workers who make contributions to social security (RIPTE).
rentals
For a tenant who signed a contract in April 2022 will renew with an increase of 88% YoY.
How to Calculate the Rent Price Increase
It is necessary to enter the BCRA websitewhere the body publishes the Rental Contract Index (ICL), with which the increase in rents is calculated.
He ICL is an index that the Central Bank updates every day. The tenant must refer to the value of the day you signed the contract (for example, February 1, 2022) and then take the value listed on February 1, 2023.
A simple formula should be used with these two numbers of 2022 and 2023: the one at the start of the last value update and the one in which the increase will be made.
The formula that must be applied is the total rent divided by the index of the date of the previous year (February 1, 2022) and multiplied by the index of the day on which the increase will be applied (February 1, 2023, in this case).
The value that it shows will be the amount of rent that the tenant must pay throughout the year.
Source: Ambito
