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

Cross-country season finishes with some impressive results from Quesnel runners

Ruby Nicholas finished 7th at the provincials in Nanaimo

City, CRD approve potential referendum for rec centre upgrades

A referendum would only go through if the Joint Planning Committee receives a significant grant

Snow, sleet and rain predicted until Friday

Quesnel could see up to 5 cm of snow fall on Thursday

UPDATE: West Fraser to permanently reduce production in Quesnel, Fraser Lake

The move will affect 75 employees in Quesnel, 60 in Fraser Lake

Bus company eyeing passenger and cargo service departing from Williams Lake, stopping in Quesnel

Merritt Bus Shuttle Services Ltd. would have a driver based in Williams Lake for the route to Prince George

People flocking to Vancouver Island city to see hundreds of sea lions

Each year the combination of Steller and California sea lions take over Cowichan Bay

EU divorce deal in peril after two UK Cabinet ministers quit

Negotiators from Britain and the European Union have struck a proposed divorce deal that will be presented to politicians on both sides for approval, officials in London and Brussels said Tuesday.

Feds respond to sexual assault investigation at B.C. naval base

Report of Oct. 5 sexual assault on Vancouver Island base taken over by Canadian Forces National Investigation Service

Northern California fire death toll at 56; 130 missing

Many of the missing are elderly and from Magalia, a forested town of about 11,000 to the north of Paradise.

Canfor to buy 70 per cent stake in Swedish Vida Group for $580 million

The privately held company has nine sawmills in southern Sweden with an annual production capacity of 1.1 billion board feet.

Saudi prosecutor seeks death penalty in Khashoggi’s killing

Saudi Arabia’s top prosecutor is recommending the death penalty for five suspects charged with ordering and carrying out the killing of Saudi writer Jamal Khashoggi.

Mixing business and family: Trudeau turns to Singapore ancestors to widen trade

Trudeau’s ancestor, Esther Bernard, born Farquhar (1796-1838) was the daughter of Major-General William Farquhar (1774-1839), the first British Resident and Commandant of Singapore.

Baloney Meter: Will tougher penalties for gang members make Canada safer?

Since 2013, gang-related homicides in Canada’s largest cities have almost doubled

Early data suggests no spike in pot-impaired driving after legalization: police

Some departments said it’s too early to provide data, others said initial numbers suggest stoned driving isn’t on the rise

Most Read