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B.C. landlords win ruling to increase rent by 23.5% over two years (globalnews.ca)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 4 months ago (1 children)

I don't live in B.C but when the mortgage is paid off I am sure they will adjust the rent down to zero.

Landlords should be aware of the risks when they make the purchase. If you can’t afford to hold the property without your tenant having to pay for it, then sell.

[–] assaultpotato 1 points 4 months ago

They took a 2.something % adjustable rate mortgage and then cried "unpredictable" when they raised rates, as though no one could have guessed that 2.something % was an anomaly