Why There Are Unprecedented Premiums on Retrofitted Apartment Buildings

Why There Are Unprecedented Premiums on Retrofitted Apartment Buildings

The term renoviction has become the coined term for any major capital improvements on purpose-built rental buildings; however, soon this will be a word only used for history. With Vancouver poised to set up regulations stipulating strict tenant relocation policies, a court decision allowing tenants to come back into their renovated suite at the previous rent, and a provincial task force recommending a halt on all future capital upgrade projects, the writings on the wall. No more renovictions.

Read More

Related posts

How the Government Makes Housing More Expensive

Featuring Brandon Harding on Podcast: The UnReal Estate Show by Keith Roy Keith Roy, Keith and...

Continue reading

BC Assessment Charges Market Rent – So Why Can’t Landlords?

The battle between affordability and economic feasibility is reaching a climax as landlords are...

Continue reading

New Westminster Proposes Business Licensing Restrictions Against Renovictions

New Westminster’s City Council has put forward a motion to try and curb major capital overhauls...

Continue reading