Like many landlords, you are often faced with the predicament over raising the rent (because the market can support it) and losing some of your good tenants.
A good example is the rental market in Saskatoon at the moment. Housing here has been a hot commodity over the last few years and there have been a lot of condo conversions resulting in a shortage of rental properties.
A certain rental community in our city named McNab park is a good example. The majority of the tenants in this community are lower income families, with the average income just over half of the city of Saskatoon average. Basically for these people, any major rental rate increase will drive some of them …
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