B.C. housing minister defends affordability promises in wake of 4.5% rent increase approval - News Summed Up

B.C. housing minister defends affordability promises in wake of 4.5% rent increase approval


The province recently approved an allowable rent increase of 4.5 per cent for 2019, the largest increase since 2004. (Selina Robinson)What about young people, students, working people who are facing a rent increase that's far going to outpace any increase in wages they make? We've asked that the issue of the annual rent increase and rent control is part of that review. Where is the renters rebate of $400 a year that Premier John Horgan promised in April of last year? Maybe they can use that money to pay for their 4.5 per cent rent increase next year.


Source: CBC News September 13, 2018 18:45 UTC



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