Quebec rent hike proposals denounced by tenant and landlord groups

 

On Friday, the Régie du logement du Québec announced proposed rent hikes for 2013, setting off a chorus of denunciations from groups representing landlords and tenants at a time when the vacancy rate has crept up in Greater Montreal from 2.5 to 2.8 per cent, Canada Mortgage and Housing Corp. data show.

Despite objections that the proposed hikes are either “too high,” or “too low,” Wright stresses that the proposed rates are only that — proposals.

Rent hikes are actually set through negotiations between the landlord and tenant, taking into consideration everything from the rise in municipal taxes to insurance, to the owner’s execution of major repairs.

Homes in hot neighbourhoods like the Plateau are more likely to get hit with higher rent increases because rising property values have led to bigger tax and insurance bills for landlords.


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The Régie du logemen: Rates of adjustment for the calculation of rent increases in 2013

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Marlene Ofter

Marlene Ofter

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