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Forum » Annual Increase in rent cost, should I bother disputing ?
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Thread: Annual Increase in rent cost, should I bother disputing ?

post 1649832263 10-29-2021, 08:23 AM
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Annual Increase in rent cost, should I bother disputing ?

First off my condo was listed at 125 less than what I’ve been paying for the past year plus, and only just rented out their final unit months ago.

I was paying 1895 and they’ve sent a notice to increase 1.5% (26 dollars).

Is it worth disputing this and letting them know I’m going to look into moving elsewhere ? It’s not the fact that it’s only 26 dollars, it’s the principle.

I can afford it no problem, I just don’t agree with it.
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post 1649832323 10-29-2021, 08:25 AM
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post 1649832433 10-29-2021, 08:26 AM
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I would srs
post 1649832503 10-29-2021, 08:28 AM
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Originally Posted By Anachron⏩
I wouldn't.

Is that the government limit for the increase?
1.5% is the limit yeah
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post 1649832823 10-29-2021, 08:34 AM
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Originally Posted By Anachron⏩
I wouldn't waste time on it to be honest.
Kinda feeling that way, but I’ll likely go somewhere else because of this so they lose out on a loyal tenant who maintains a perfect condition condo and makes zero noise. I travel for work for weeks at a time very often.
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post 1649832853 10-29-2021, 08:35 AM
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How much sqft and bedrooms/bathrooms you get for a $1921/mo condo? What's your income? Just curious is all. Wonder what it's like to be a Canabrah.

In my area it's under $1500 to rent a 1100 sqft 2 bedroom apartment.

Anyways from what I read ITT it sounds like the owner is increasing rent within the legal limits to be able to do so. These days inflation is so bad, 1.5% is cheap, gotta thank Canada for that. My rent went up roughly $25 last time, which is closer to 2% increase for me, srs.

When you go around on Zillow do you actually see better priced housing located closer to work? If so maybe you should consider it, srs.
post 1649833073 10-29-2021, 08:37 AM
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always negotiate everything. if you don't ask, you don't get. it all adds up. pennies turn into dollars. what's the worst thing that can happen? they say no? big deal. only suckers pay retail.

https://www.amazon.com/You-Can-Negot.../dp/0553281097
post 1649833233 10-29-2021, 08:39 AM
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Originally Posted By Visel⏩
How much sqft and bedrooms/bathrooms you get for a $1921/mo condo? What's your income? Just curious is all. Wonder what it's like to be a Canabrah.

In my area it's under $1500 to rent a 1100 sqft 2 bedroom apartment.

Anyways from what I read ITT it sounds like the owner is increasing rent within the legal limits to be able to do so. These days inflation is so bad, 1.5% is cheap, gotta thank Canada for that. My rent went up roughly $25 last time, which is closer to 2% increase for me, srs.

When you go around on Zillow do you actually see better priced housing located closer to work? If so maybe you should consider it, srs.
It’s Vancouver, it’s 825sq ft brand new condo
I make 100k/yr, I can afford it but there are better options for cheaper. The location is perfect for work at the moment but there are cheaper options close by
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post 1649833603 10-29-2021, 08:45 AM
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Originally Posted By Anachron⏩
I prefer to spend my time worrying about more than what amounts to less than a dollar a day.
wealthy people negotiate. poor people don't.
post 1649833663 10-29-2021, 08:46 AM
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Should have bought when rates are low.

Rentcels, when will they learn?
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post 1649834253 10-29-2021, 08:54 AM
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Just spoke with my building manager and he’s going to back me in my dispute and guide me on how I should approach it, then make sure it gets to the right person to be dealt with.


Gordon was right boyos
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post 1649834623 10-29-2021, 09:01 AM
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Originally Posted By Anachron⏩
You have documentation saying the rent increase is not going to go through?

That was fast.
No I have grounds to dispute and the support of my building manager who in his own words said he’d hate to lose me as a tenant and will see to it that the right people deal with it.
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post 1649834703 10-29-2021, 09:02 AM
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1895?


Oh Canada money...may as well be Zimbabwe money
post 1649835033 10-29-2021, 09:08 AM
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Originally Posted By Anachron⏩
That is exactly what they are instructed to do.

You're in a no win situation.

If you are successful in disputing it, you already lost, because it means you're overpaying right now, and have been since you've lived there.
I’m aware that I’m overpaying, I agreed to over pay in exchange for not paying the first month of rent. Which is why I refuse to pay any more in the first place.
Originally Posted By leafs43⏩
1895?


Oh Canada money...may as well be Zimbabwe money
1534 usd
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post 1649837603 10-29-2021, 09:49 AM
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Originally Posted By GordonXXX⏩
wealthy people negotiate. poor people don't.
This.

It's the principle of being able to stand up for yourself. You could make the argument that you are a good tenant, and that you've always paid and never destroyed the place. The bigger argument is that if you did leave, they could be on the hook for a missing tenant for a month or more, which would far surpass the owners losses than if he didn't accept the increase. Then if they were adamant the increase had to take effect, then I'd make a counter of "what do I get out of it" argument. I'm sure there's numerous things that could be improved, and if I was paying more money along with the rest of the tenants, then I'd expect an upgrade or repairs to existing things.

If you just take the increase at face value, then they'll just keep raising you over and over again. As a owner, having consistent cash flow is better than risking it to make a little more.
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post 1649838363 10-29-2021, 10:03 AM
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Hour much is your time worth per hour vs the time it would take to dispute it?

And the fact you won’t get you 20 bucks back
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post 1649839453 10-29-2021, 10:20 AM
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Originally Posted By RealAesthetic⏩
It’s Vancouver, it’s 825sq ft brand new condo
I make 100k/yr, I can afford it but there are better options for cheaper. The location is perfect for work at the moment but there are cheaper options close by
Isn’t that like 6k cad take home? $4k USD?
post 1649839603 10-29-2021, 10:22 AM
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Originally Posted By RealAesthetic⏩
Kinda feeling that way, but I’ll likely go somewhere else because of this so they lose out on a loyal tenant who maintains a perfect condition condo and makes zero noise. I travel for work for weeks at a time very often.
they could careless, plenty of pleebs on government handouts waiting to take your place
post 1649839983 10-29-2021, 10:28 AM
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The cost of you moving —> moving company, set up new utilities, time spent searching for place will be alot higher than the $26 a month upcharge.
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post 1649840633 10-29-2021, 10:39 AM
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Originally Posted By integralx2⏩
Isn’t that like 6k cad take home? $4k USD?
It is yeah


Btw my lease is up, I don’t need to give notice

I’m pretty sure I’ll win this one, regardless of the fact that I’m bluffing
Originally Posted By snailsrus⏩
Hour much is your time worth per hour vs the time it would take to dispute it?

And the fact you won’t get you 20 bucks back
Principle is worth a lot to me
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post 1649840833 10-29-2021, 10:42 AM
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Originally Posted By GainzMcgee⏩
they could careless, plenty of pleebs on government handouts waiting to take your place
Government handout folk can’t afford this place

I was the first person to live in this unit and it still looks brand new

I wash the walls and clean the floors almost daily, and haven’t damaged anything.

Never missed a payment and have lived here longer than most tenants
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post 1649841653 10-29-2021, 10:55 AM
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Doesn’t seem worth the hassle unless you actually want to move.
post 1649845163 10-29-2021, 11:56 AM
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