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BC sets rent increase cap at 3% for 2025


BC sets rent increase cap at 3% for 2025

The government of British Columbia says landlords will not be allowed to increase rents by more than three percent in 2025. The government announced that the change, which is linked to inflation, will come into force on January 1. This year, the permitted rent increase is 3.5 percent. “At a time when we know renters […]