Annual Rate of Rent increase of 7.5% in Jamaica Reasonable or Not

The following are some of the guidelines for rental increase in Ontario in Canada. Take note of the rates of increase and compare that to the 7.5% annual increase obtained in Jamaica.

Ontario Rent Increase Annual Guideline

Link:

http://www.ontariotenants.ca/research/rent-increase.phtml

For those who were looking for rules on rent increases in Ontario please go to the following two links
Tenants Most Asked Questions & Answers and the present Landlord and Tenant Act, Ontario

Remember these are the Ontario maximum yearly rent increases permitted without the landlord applying for more and having it approved. Actual rent increases where the landlord applied for "above guideline rent increases" were sometimes substantially more for individual buildings.

Amount	Period	Ontario Statute
2.0 %	January 1 - December 31, 2016	Residential Tenancies Act, 2006
1.6 %	January 1 - December 31, 2015	Residential Tenancies Act, 2006