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Why it's time for a serious debate about rent control in Canada
(financialpost.com)
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this post was submitted on 29 Nov 2024
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We have rent control in BC (I think, unless I misunderstand), but I'd be willing to ease the restrictions a bit in exchange for vacancy control. I've only been in my current place for 4 years, but if I had to move (renoviction or personal use) I'd be looking at almost a 150% increase for something comparable. I know I'm not alone in that. I could handle a 10% increase per year if it meant I had the flexibility to move if I needed an upgrade or my landlord was simply being an ass.