Weird that you are not charging market rent already.
Unusual for rent to be set by what each specific tenant earns.
Normally tenants pay market rent, and if their rent is over market rent, they will look elsewhere to rent.
If their rent is based on market rent, they will stay.
There is some oddball logic here on HC, don't give people a pay rise because their rents will rise.
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ALBOS 5.1% mimimum wage increase effect on RENT, page-32
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