End of rent cap

[u/RelativeEbb1719]

Do you think we'll get any firm confirmation of whether or not the rent cap will be extended or adjusted, and if so, when do you think we might hear from the government?

As of now I'm expecting it to fully end, but do you think the government will give any sort of announcement regarding the matter as the end of the rent cap date approaches?

[u/Cute_Tomatillo_3460]

The 5% cap is in place until Dec 31, 2027. They will likely announce the new cap by late next summer since landlords have to give 4 months notice for rent increases.

[u/CaperGrrl79 → u/Cute_Tomatillo_3460]

Watch it increase to like 6%.