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|    brewnoser2@gmail.com to All    |
|    BC's new government takes on greedy land    |
|    11 Dec 17 17:12:40    |
      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)    |
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