B.C. rent increase capped at 3%

The province says landlords will not be able to increase rents by more than three per cent in 2025. The change, which is tied to inflation, will take effect on Jan. 1. As CBC’s Meera Bains reports, reaction to the cap is mixed.
Connect with CBC Vancouver online:
Website: www.cbc.ca/bc
TikTok: / cbcvancouver
#rent #costofliving #housing #CBCVancouver #CBCNews #BritishColumbia