BC Landlords Can Raise the Rent 2.5% In 2019 (Not 4.5%)

Posts: 4
Joined: June 24th, 2012, 7:34 pm

BC Landlords Can Raise the Rent 2.5% In 2019 (Not 4.5%)

#1 Unread post by BCLA » September 28th, 2018, 9:17 pm


The BC Annual Rent Guideline Formula Has Changed. It Is Now “Inflation Rate Only”

The BC government has made a significant change in the way residential landlords can raise the rent for existing tenants.

Previously, landlords could raise the rent by the inflation rate + 2%. Thus, the 2019 rent increase guideline used to be 4.5% but no longer.

Things have changed and the new allowable rent increase guideline is 2.5%. This is a big challenge for small landlords who are already struggling to keep up with rising costs.

Read more at:

http://bclandlords.ca/2018/09/28/bc-lan ... 9-not-4-5/

Post Reply

Who is online

In total there are 87 users online :: 1 registered, 0 hidden and 86 guests (based on users active over the past 600 minutes)
Most users ever online was 1390 on September 3rd, 2019, 6:46 pm

Users browsing this forum: Majestic-12 [Bot] and 86 guests