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Old 08-27-2025, 10:06 AM   #36403
6793026
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Quote:
Originally Posted by HonestTea View Post
Annual rent increase falls for second straight year capped at inflation

https://news.gov.bc.ca/releases/2025HMA0067-000786
Our tenant asked for rent decrease. we did 1 month free if they live in another 11 months.
Honestly, the cost of moving is a pain so we didn't drop that much but don't do free rent for last month in future.

so in future, what we will do is this. STILL send inflation increase to tenant and THEN tell them we won't raise your rent if they stay for another year.,

Cause they took it for granted as we didn't increase; lost that bargaining chip.
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