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Quote:
Originally Posted by biker1
The amenity fee increases are tied to the CPI (not sure exactly which flavor of CPI, there are several) on the anniversary of the sale of your home. The exact language is in your deed restriction, which can be viewed on districtgov.org.
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It is the CPI-U. U for urban workers, this is the most commonly reported CPI. The CPI-U varies depending on the start and end month, it does even out over the years.
This CPI is not reflective of how seniors spend their income. I only mention that because YOUR CPI rate is probably quite different than CPI-U.
CPI-U is weighted on housing costs. If you own your home most of this does not impact you (housing costs include utilities) it's fairly light on medical.