In April 2023, two landlords in B.C. asked tenants to consider an additional rent increase of $500 a month. The tenants said no, but the Residential Tenancy Branch said yes.
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
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