NDP playing games with renters & landlords: Liberals

In Vancouver, the average age of a purpose-built rental apartment is 60 years old.

“What renters truly need is more supply, and the NDP are dithering on creating more units across the province. In fact, they are doing the opposite as housing starts are

and improve B.C. residential tenancy laws and policies later this year. Making life more affordable is a shared priority between government and the B.C. Green Party caucus, and is part of expected to decrease 20 per cent,” said Stone. “A plan to decrease supply and disincentivize maintenance of older, more affordable housing stock is going to have lasting effects on renters, landlords, builders, and British Columbia’s economy.”

• The new rent-increase limits are part of the many actions the B.C. government is taking to help renters.

• British Columbia’s 30-point housing plan includes a record $7 billion over 10 years to create new affordable rental housing throughout the province. • The Province has closed a fixed-term lease loophole that resulted in people being unfairly evicted and stopped geographic rent increases that were unfairly driving up rents in some neighbourhoods.

• Starting this month, the Province expanded the eligibility and increased the assistance to low-income families and seniors through the Rental Assistance Program and the Shelter Aid for Elderly Renters.

• The speculation tax also encourages people with multiple homes in urban areas to rent them out, instead of letting them sit vacant.