the new rates will come out and Rent will continue to rise here in the bay area, allready up 12% and news talking about another 15-20% hike in rental rates by the end of 08, the bad part is they have allready done the rental quary and it probobly wont show the new higher costs of rentals since more people are renting due to the bubble pop and forcloseing on homes.
I'm not sure why but they seem to wait until the last second to release the BAH and COLA rates, I think it may be closer to the end of the year before they are released.
They wait until the last second every year to post the new BAH rates. Its so annoying, since I'm sure they've known for awhile now what the new rates will be. I don't understand why we now what our pay raise is in July, but never find out about the new BAH rates until around Dec 20 every year.
There was a decrease of $94 for E-6 in New London, CT which is funny since rent prices havent changed and electricity in this area has went up 28% this year and heating oil is up 35% from a year ago. While all of the other surrounding areas(RI, New Haven, Boston,etc...) got an increase. Somebody isnt doing their job somewhere....Thank god for BAH protection.
Originally posted by edany77: There was a decrease of $94 for E-6 in New London, CT which is funny since rent prices havent changed and electricity in this area has went up 28% this year and heating oil is up 35% from a year ago. While all of the other surrounding areas(RI, New Haven, Boston,etc...) got an increase. Somebody isnt doing their job somewhere....Thank god for BAH protection.
Wow sorry to hear that. You would be surprised how much those surveys and housing officers input make on the BAH.
How do they come up with these figures? In San Francisco E-6 with dependents went down $85, w/o dependents went up around $150. The 2008 rate for S.F. is now $2685 with, and 2404 w/o.
In Los Angeles the rate for E-6 with went up to $2524 with and $1893 w/o. So my question is, why do they feel in Los Angeles the differece between with and without dependent rate is close to $700 but in San Francisco the difference is only $223.I just don't understand how they felt the need to raise the S.F. w/o rate $150, but with rate goes down $85.
I definitely agree that Oakland finally got there rate a little closer to what is appropriate, but there just seems to be zero logic in how they determine these rates.