VIDEO: B.C. to end geographic area rent increases, close fixed-term lease loopholes

Both clauses allowed landlords to raise rents above the max annual allowable rent increase

Landlords will no longer be able to use higher neighbourhood rents to justify a rent increase, Vancouver-West End MLA Spencer Chandra Herbert announced in Vancouver Saturday.

“The geographic area increase clause allowed landlords to bully renters into paying massive rent increases,” said Chandra Herbert.

The Residential Tenancy Act clause had allowed landlords to apply to raise rents beyond the maximum annual allowable increase if they could prove that similar units in the neighbourhood had higher rents.

The cap on rent increases is four per cent for 2018.

Chandra Herbert said that landlords would at times apply for rent increase of 70 per cent or more, as well as using the threat of rent increases to convince renters to agree to lower, although still significant increases.

Andrew Sakamoto, executive director of the Tenant Resource & Advisory Centre, said that the geographic area clause had let landlords push rents even higher amidst what has been called a rental crisis in B.C.

Metro Vancouver rental vacancies sit at less than one per cent across all of its communities.

“We can’t allow landlords to use geographic rent increases to bring more units in line with the already inflated market that vacated clauses helped create,” Sakamoto said.

READ: B.C. to give renters a break on deposits, rent increases

The change will go into effect Monday, along with the end of a fixed term lease loophole.

The loophole allowed landlord to have their tenants sign a fixed-term lease with a vacate clause that allowed landlords to either bring in rent increases or evict tenants.

“While the good news that vacate clauses are for the most part eliminated, the bad news is that this loophole has left communities across B.C. with artificially inflated rents,” said Sakamato.

Any renters currently under a fixed-term lease will be able to go to a standard month-to-month lease.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Making a splash at North American Diving Dogs competition

It’s Erin and Tim Lynes’ third summer hosting dock diving events

Seniors’ Day in the park kicks off Billy Barker Days

Hundreds of local seniors enjoyed lunch and entertainment in LeBourdais Park

Quesnel RCMP capture suspect after July 18 B&E, theft

Local business Bumper to Bumper was broken into in the early hours on Wednesday

Severe thunderstorm watch issued for Quesnel, Williams Lake

Environment Canada issues storm warning for large hail, strong wind and heavy rain in the Cariboo

Dog hoarder charged in Alberta weeks after pet seizure in Quesnel

Karin Adams, 46, and her daughter are banned from owning pets after 2015 investigation

Through your lens: Okanagan wildfires

Check out some of the captivating images and video from social media of the wildfires

BC Games: Opening Ceremony from Laketown Ranch

Hundreds of athletes and thousands of volunteers, coaches, parents and officials

World’s translators push back on forcing Trump interpreter to testify

Democrats had asked translator to testify about Trump’s lengthy conversation with Putin in Helsinki

No decision on B.C. school stabbing suspect’s mental fitness for trial

The BC Review Board could not determine whether Gabriel Klein, 21, is fit to stand trial

Canadian government threatens to retaliate if Trump imposes auto tariffs

U.S president had suggested that auto imports pose a national security risk to the U.S.

Wildfire evacuation order forces bride to search for new wedding venue

Fitzpatrick Family Vineyards is under an order due to the Mount Eneas wildfire south of Peachland

Recent online kitten abuse video raises serious social media questions

UBC and UFV profs weigh in on the subject of online sharing, shaming, and our digital landscape

UPDATED: ICBC fights back against claims that it’s ‘ripping off’ B.C. RV drivers

Canadian Taxpayers Federation is urging the provincial government to open up ICBC to competition

Summerland issues State of Local Emergency in response to wildfire

Two homes under evacuation order; evacuation alert remains in place as result of wildfire

Most Read