home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   bc.general      British Columbia general chatter      24,289 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 23,649 of 24,289   
   brewnoser2@gmail.com to All   
   BC's new government takes on greedy land   
   11 Dec 17 17:17:27   
   
       
   Note the 'effective date'.   
   _________________________   
   CBC News Posted: Dec 09, 2017   
      
      
   New regulations to take effect Dec. 11   
      
   B.C. government scraps loophole allowing geographic area rent increases   
      
   B.C.'s provincial government announced it will eliminate another loophole that   
   allowed some landlords to subject renters to big rent hikes.   
      
   Vancouver-West End MLA Spencer Chandra Herbert said Saturday the government   
   will remove the geographic rent increase clause.   
      
   The clause allowed landlords to increase rent above the allowable rent   
   increase limit when other units in the same geographic area rent for higher   
   amounts.   
      
   For example, in hot rental markets, landlords were able to raise rents by 30   
   to 80 per cent to match neighbouring prices, significantly over the allowable   
   four per cent yearly rent increase, set out in provincial law.   
      
   Tenant Ross Waring said he and his building neighbours had been subject to   
   such an increase in Vancouver's West End neighbourhood.   
      
   "The landlords that we used to have threatened us with massive rent increases   
   â€” some of us up to 73 per cent. That's not [something] anyone can handle in   
   this day and age," Waring said.   
      
   Waring welcomed Saturday's news that the province intends to close the   
   loophole.   
      
   The new rule will come into effect on Monday Dec. 11, along with a previously   
   announced legislation to close the fixed-term rental loophole.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca