The Island Regulatory and Appeals Commission has announced how much residential rent will be allowed to go up in the new year.
IRAC says that as of January 1st, rent through 2018 will be allowed to increase 1.75 percent for heated premises; 1.5 percent for unheated premises; and 1.5 percent for a mobile home site located in a mobile home park.
All three of those had increased by 1.5 percent for 2017.