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Tag: BC rental stratas

Mixed reaction to B.C.’s proposed lifting of strata rental restrictions
Global News

Mixed reaction to B.C.’s proposed lifting of strata rental restrictions

B.C.’s premier is defending legislation that would outlaw rental restrictions in condo buildings. On Monday, David Eby announced an amendment to the Strata Act to remove almost all rental restrictions that had dictated only a certain percentage of buildings’ units could be rented over owned.The only exception will be for buildings meant for those 55 years old or older, with in-home care allowed.(We’re) in the middle of a housing crisis,” Eby said Tuesday. “We need every single unit we can get immediately for people in British Columbia. I know everyone in this room knows that.”B.C.’s Attorney General and Minister Responsible for Housing, Murray Rankin, said the B.C. government needed to introduce that legislation in order to start making changes to the housing crisis in the provinc...