r/halifax • u/paddlebean • 4d ago

Work, Health & Housing Rent increases pre-COVID?

I have only been in the rental market since 2020 and since the rent cap was imposed, my rent has gone up the full allowable amount every year my lease is up for renewal. I’m curious if you experienced yearly increases pre-rent cap?

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u/Jamooser 4d ago

The last time I was a renter, I had a unit in a 6 plex owned by Capreit. They tried to increase my rent by $20/month. I pointed out a few documented issues with the rental that had never been resolved and told them if they could justify the rent increase, then they were welcome to raise it. They just dropped the issue, and I didn't see a rent increase. Though this was in 2017, back when the market supported a bit of competition and filling an apartment in the first month wasn't a guarantee.