Rent Increases due to 2019 City Budget
The budget will have a direct impact on rents and for many people will lead to an unpleasant surprise when it comes time to renew leases. It will also affect property taxes on small owners. Mayor Valerie Plante and her administration have hiked spending by 10% over the past two budgets (2018 and 2019). That is triple the rate of inflation. This year, like last, it will mean tax increases for most property owners. The City administration says that for […]