Thanks to pandering by our Provincial government to all the powerful tenant groups in our province allowing another year of marginal rent increases as they implement HST.
It's ridiculous that they are making landlords shoulder more of the burden of the HST. What do I mean? The government will close the loophole allowing landlords to apply for above guideline rent increase (source Renters to get HST break)
Expect rent to only go up by the CPI next year as property owners have to pay more for trades to maintain properties, utilities and other services associated with making properties livable.
This on top of the bureaucracy involved in kicking a deadbeat tenant out makes HULK ANGRY
Posts
1 comment:
Yet another reason why people should invest in Alberta. I've had calls from two friends who moved to TO, but want to buy back here in Edmonton.
Post a Comment