Annual report 2013
VVO’s mission is to offer reasonably priced rental housing in areas where demand is high. Sound management of finances, systematic property maintenance and preventive repairs facilitate moderate and predictable rent trends in the face of rising living costs. New construction increases the availability of rental housing and ensures a reasonable level of rents.
VVO determines its maximum rent increases in accordance with its rental practice. The Board of Residents has an opportunity to issue a statement on the criteria of rent determination.