Rents could rise up to 4.5 per cent next year

Housing costs are expected to rise for renters next year as the Residential Tenancy Branch set the maximum allowable rent increase for 2019 at 4.5 per cent, the greatest jump since 2004.
Coming a time when vacancy rates are at an all-time low and rents are already high, the news caused a stir on social media.
“We’re in the middle of an affordability crisis and the government just decided to raise your rent more?” tweeted the Vancouver Tenants Union. “This is what happens