Explore Vacancy Control
Whereas vacancy control does not apply to new construction and developers will still have incentive to build new units; And whereas in BC there are mechanisms through which a landlord may apply to the Residential Tenancy Branch for an additional rent increase if they have incurred eligible capital expenditures or expenses to the residential property in which the rental unit is located; And whereas rents continue to rise faster than inflation and the provincially allowable rent increases and the loss of stable rental housing stock and displaced renters adversely affects local economy, co