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An Introduction to the NYC Rent Guidelines Board Table of Contents List of Appendices
APPENDIX S: RGB Staff price projections 1975-2000
PIOC Projections 1975-2000
Comparison of percentage changes in actual PIOC and 1-year and 2-year projections
Year 1 Yr. Proj. 2 Yr. Proj. Actual 1 Yr. Diff. 2 Yr. Diff. ‘75 6.8 6.5 0.3 ‘76 10.3 8.8 1.5 ‘77 6.6 8.7 7.5 -0.9 1.2 ‘78 6.0 7.7 0.6 5.4 7.1 ‘79 5.7 6.9 10.4 -4.7 -3.5 ‘80 8.3 7.5 17.0 -8.7 -9.5 ‘81 9.8 5.8 14.6 -4.8 -8.8 ‘82 9.5 8.6 2.8 6.7 5.8 ‘83 5.8 8.9 2.6 3.2 6.3 ‘84 6.8 5.6 6.3 0.5 -0.7 ‘85 6.7 6.5 5.4 1.3 1.1 ‘86 5.4 6.4 -1.0 ‘87 9.1 2.1 7.0 ‘88 7.0 6.4 0.6 ‘89 6.6 6.7 -0.1 ‘90 7.5 10.9* -3.4 ‘91 6.0 6.0** 0.0 ‘92 5.2 4.0 1.2 ‘93 5.3 4.7 0.6 ‘94 3.1 2.0 1.1 ‘95 3.4 0.1 3.3 ‘96 3.2 6.0 -2.8 ‘97 2.7 2.4 0.3 ‘98 1.8 0.1 1.7 ‘99 3.5 0.03 3.2 ‘00 5.3 7.8 -2.5
*I&E data indicated a 7.7% rise **Revised
Note: Since 1984, owners have not been able to offer three year leases. Consequently, the RGB staff ceased two year projections.
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