When I moved in here, I was told that the rent increases, unless I misunderstood horribly, would be 10 3/4 + CPI (consumer price index). The first year that I was here, I was hit with an increase of about $78 (from memory) When I called MCM to pitch a fit, I was told by the person that I talked to, that that was what is was going to be and if I felt the need to move, while they wiould hate to see me go (after buying a brand new home here) they would of course understand.
I got the info on the park you're talking about, directly from it's manager. It is a small park, the lots are smaller, but at the same time, for $500 a month less, I'd live with it. This is part of the research that I have been doing. I even told Dorothy, the District manager, about the rental amounts I was getting just from calling around. At that time, she said she would start researching rents in the area. She then made a few comments about our park versus these "lower rent" parks that I found to be hilaious. This is what I keep coming back to, if you compare our park and any around us, the vacancies, condition and rents don't compare. We are in the dump!!!
Not that it makes it any better, but I know of one couple who walked away from their home after receiving an 18% increase (this from their son). I 've never heard about the smaller increase form if you were not written up for the previous year, but I was offered that when the most recent lawsuit was in the works if I'd opt out. I declined. To me, it was like a slap un the face. They're stealing money from me and they want me to lie down and accept it. I don't think so! My neighbor told me that they are hitting the 10 year mark and is under the impression that he will be hit with the 3 highest average formula you're writing about. He has a lease.
So while I know monetarily our rents have a large variance, and that they are for different lengths, the different terms really don't make sense. Unless we all have varying misconceptions about the meaning of our leases. It really seems strange that your increases have steadily climbed because mine have actually decreased just a little. They are still far too high.