It’s not by choice. His new landlords, who recently bought the Montreal duplex where he lives, want to convert the building into a single home, so Lortie got the boot.
Montreal has long been known as a haven for artists, musicians and writers – a cosmopolitan city where it was possible to earn little and still live well. But rents have spiked and housing availability has dropped in recent years. Housing advocates say it’s changing the face of the city, while property owners say rising prices are part of a necessary correction in an area where rents have stayed too low for too long.
At the same time, the rental vacancy rate had declined to 1.5 per cent from two per cent a year earlier – a trend seen in many Canadian cities. But that’s now changing, Malenfant said. In particular, they pointed to a recent law that gives landlords the right to refuse lease transfers. The bill, passed in February, sparked protests by those who argued that transferring a lease from one tenant to another prevented landlords from hiking rent between tenants.
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