For elderly or disabled tenants, what is the maximum permissible rent increase according to the CPI?

The correct answer regarding the maximum permissible rent increase for elderly or disabled tenants according to the Consumer Price Index (CPI) is 5%. This figure reflects the framework established by local regulations that often aim to provide financial stability for vulnerable populations, such as the elderly and disabled, who may have fixed or limited incomes.

The CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services, and it is frequently used to determine adjustments in rent and other economic indicators. By capping the rent increase at 5%, policy makers can help ensure that rent increases remain manageable for these tenants, helping to prevent displacement and promoting housing stability in a population that may have specific needs.

This limit is important in the context of maintaining affordable housing and reducing the financial burden on those who might face challenges in their ability to pay increased rents due to economic or health-related issues. Understanding this regulation is crucial for property managers and landlords who must navigate rent adjustments sensitively and lawfully.