Landlords group says 4.5% rent hike is just fine with them


By Staff reporter / Burnaby Now
Horgan told UBCM convention in Whistler that the maximum allowable increase will likely be lowered.

Landlords are speaking up about B.C. Premier John Horgan’s hints that the 4.5-per-cent maximum rent increase for 2019 might be scrapped. LandlordBC issued a news release Sept.18, saying the organization is “very concerned about the possibility that the current maximum allowable increase formula of 2% + CPI under the Residential Tenancy Act will be altered and/or rescinded.…

Source:: Landlords group says 4.5% rent hike is just fine with them


September 18, 2018

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