Rent Guidelines Board (RGB)

The Rent Guidelines Board (RGB) is a government body that sets limits on how much landlords in certain cities can increase rent for existing tenants each year. Its goal is to balance tenants' affordability with landlords' need to maintain and manage properties. The RGB reviews factors like the housing market, maintenance costs, and economic conditions before making its decisions. These guidelines help ensure rent increases are reasonable, providing stability for renters while supporting fair income for property owners.