We have just been hit up for a $40 per week increase in rent. Needless to say we are a bit stressed about it!
Anyway the reason stated for the increase was "mainly due to increases in the cost of land tax". I questioned this and again was told the same thing. I don't understand as I was always under the impression that units were not subject to land tax?? Also why don't we have to pay land tax on our unit? Or is it structured into the strata levys? I am confused.
At the end of the day they are increasing the rent because they can, which sucks, because we are nice landlords and not taking advantage of our tenant...maybe I need to learn to be mean!
Thanks for your help,