If you rent your home or are looking to downsize and choose senior living as an option, maximum allowable rent increases can change from year to year, affecting your budget and financial security. Last September, a 4.5% allowable rent increase in BC was initially approved and subsequently capped to 2.5% in 2019 by the BC government.
Rest assured with the SECURE FUTURE® guarantee
During times of housing market volatility and changing annual rent increases, it’s nice to have financial security and peace of mind. That’s why, when you move into a PARC Retirement Living residence, and agree to pay a monthly rate, we’re pleased to offer the SECURE FUTURE® program. The program guarantees that rates will not increase more than 2.5% for three consecutive years.
We know the last thing you need is a hefty rate hike the following year. SECURE FUTURE® takes the worry out of your financial future by:
- Removing concerns about future rate hikes
- Providing security
- Making it easier to budget
- Giving you peace of mind
Ask us more details about the SECURE FUTURE® program at PARC Retirement Living. Contact us today.
Rates subject to change and restrictions may apply.