Quote:
Originally Posted by Sainters7
Not unexpected with inflation run amok, plus the building just got purchased by some Toronto company, but just finding out we're getting a 30% rent increase upon renewal. I get it for new renters to a building, but that's a fairly insane increase to existing renters. I'm actually surprised there's no cap on that provincially.
I definitely expected an increase, but 30% is wild. Someone would've lost to Billy Madison in Business Ethics...
EDIT: I can't do math apparently; 26%. Still wild
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Yeah, my brother was just served a 38% rent increase. Disgusting.