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West Broadway tenants say they’re being crushed by above-guideline rent increases - Winnipeg

Summary by Global News
Normally, landlords can only raise rent by a small percentage based on inflation, but advocates say they can easily get approved for larger increases.

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West Broadway tenants say they’re being crushed by above-guideline rent increases - Winnipeg

Normally, landlords can only raise rent by a small percentage based on inflation, but advocates say they can easily get approved for larger increases.

·Toronto, Canada
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dailyguardian.cadailyguardian.ca

West Broadway tenants say they’re being crushed by above-guideline rent increases

Ryan Simmons has lived in West Broadway for over a decade. After a new owner bought the building he lives in, they replaced light fixtures, resurfaced the parking lot, and hiked his rent. “It was about 18 per cent, and they basically increased the rent for all the units by the same dollar amount,” says Simmons. “So people that live on their own in a bachelor, it was a big increase for them but a much smaller increase for people in multi-person u…

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Global News broke the news in Toronto, Canada on Wednesday, February 12, 2025.
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Similar News Topics

Inflation

Inflation

Winnipeg

Winnipeg

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Cost of Living

Canadian Economy

Canadian Economy

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