00:00The National Human Settlements Board, or NHSB, approved a lower rental cap or limit on the amount of rent that can be raised in the house.
00:09How much? Let's find out in the first news of Dano Tincunco.
00:15In 1993, Lea was renting a room in Quezon City.
00:19Her monthly rent started at Php 1,500, now it's Php 2,500.
00:25But that Php 2,500 has been there for 3 years already.
00:29It's not like her landlord is just raising the rent.
00:43But if her landlord is raising the rent, the National Human Settlements Board, or NHSB, has something to say about it.
00:51The National Human Settlements Board, or NHSB, approved a lower rental cap or limit on the amount of rent that can be raised in the house.
01:01From the previous 4%, starting this January, and for the whole of 2025, it will only be 2.3%.
01:08This means that for example, for Php 10,000 per month, the landlord can only raise up to Php 230 and up to once a year.
01:19It only applies to an existing renter who will extend or renew his rent in 2025.
01:27So if your rent, for example, ended on January 31, and you still want to continue your rent,
01:37you can only raise your rent to a maximum of 2.3%.
01:42But when January 31 comes, and you leave that unit, you can only raise that unit to more than 2.3%, higher than the previous rate.
01:54It will benefit our lower-income group because most of the lower-income groups don't raise their rent.
02:03But what if in order to increase the amount of rent, the landlord should just fire his tenant and get a new tenant?
02:10That's prohibited, said the NHSB.
02:12The rent control act is very clear. You can't just fire someone because you didn't agree on the rent.
02:19Because the landlord can say, okay, I'll raise this, if you don't want it, I'll fire you.
02:24The law is there to protect them. That's why our law was set that we should have a cap.
02:31So the landlord is forced to raise it up to that point.
02:36And if he raises it, then correspondingly, the tenant should be willing to also accept, provided it does not breach the rental cap of 2.3%.
02:48If the parties in the barangay don't agree, they can actually file a court case.
02:56And if found guilty, the law is very clear.
02:59The penalty is between P25,000 to P50,000 or imprisonment of 6 months plus 1 day to maximum 1 year or both.
03:11Maybe it's okay, as long as it's not more than P1,000.
03:16For the tenant, Janet, there's no problem if the rent should be lower.
03:23I went through that. I became a renter. It's hard.
03:28If your renter is good, why would you...
03:32Yes, why would you...
03:34Instead of being fired because you didn't pay the rent.
03:38It's better that way.
03:41This is the first news. Dano Tincunco for GMA Integrated News.
03:53This is the first news in our country.
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