Renters who are displaced by new development should get double the compensation they do now from builders – up to 24 months’ worth of rent for long-term tenants – and more help finding new apartments, especially if they are vulnerable, says a recommendation from Vancouver city staff.
“It’s to show renters that we have their backs,” Mayor Kennedy Stewart said. “I feel this is going to help push developers away from older buildings.” Ms. Swanson prefers a proposal to work with the province to create a new law stipulating that landlords can’t raise rents dramatically in between tenants.In B.C. currently, landlords are restricted in raising rents to a provincially stipulated cost-of-living percentage as long as the same tenant is in a unit. But the landlord can raise the rent when there is turnover.As well, Ms.
GlobeBC its much needed especially when its a lot harder to find a place. better websites to rent out, and at least first month help
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