Quote:
Originally Posted by WarrenC12
Rental increases are limited to 1.5%. You're paying $40k/year? I think you can afford it.
|
I can. Absolutely. Just responding a quick-and-dirty to Klazu's post about a DailyHive "article".
As far as I remember, Van pays about the same in taxes to Burnaby & Surrey? Just laying out it's not all doom and gloom and everything is needed to be seen context. 10% has sticker shock, definitely.
EDIT: I was using an old % increase (pre-COVID maybe? it's been a long year of no rent increase. I have no idea where I got my $600 from It's actually $350