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NHSB caps next year's rental rate hike at 4%

TO avoid unwarranted increase in rental rates among lower income families, the National Human Settlements Board (NHSB) has approved a 4-percent increase cap for monthly residential rental rates of P10,000 and below, effective January 1 to December 31, 2024. NHSB Resolution No. 2023-03, approved on October 13 and published on… ....

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