[whatnext]

B.C. tenants are about to get hit with the largest rent increases allowed in five years
by Travis Lupick on August 24th, 2017 at 1:03 PM

Every year, the B.C. Residential Tenancy Branch sets the maximum allowable percentage by which landlords are legally permitted to increase rents.

Because there is an acute housing shortage in Vancouver, it means that that percentage is the exact amount by which most landlords do raise rents.

Yesterday (August 23), the Residential Tenancy Branch revealed this number for the year ahead, and it’s a big one.

In 2018, landlords are permitted to increase rents in B.C. by four percent.

That’s a five-year high. It’s up from 3.7 percent in 2017, 2.9 percent in 2016, 2.5 percent in 2015, and 2.2 percent in 2014...
https://www.straight.com/news/955601/bc-...argest-rent-increases-allowed-five-years