When faced with the provincial legislation coming into effect May of 2024 that restricts Airbnb and similar short-term vacation/travel accommodations, many property owners are considering their options. Aside from selling, the only other viable option for most owners is t...
On Friday the BC Court of Appeal (the “BCCA”) released its decision Vancouver (City) v Pender Lodge Holdings Ltd., 2024 BCCA 37. This decision considered bylaws adopted by the City of Vancouver (the “COV”) to limit rent increases between tenancies in privately-owned r...
The I Rent It Right™ e-learning course was launched on January 18, 2017, exactly seven years ago. It took much dedication, knowledge, and vision to create a platform that operates with busy landlords in mind and helps rental housing providers become familiar with the esse...
Happy New Year! As we begin 2024, we know that housing remains a front-of-mind issue for British Columbians with every community across the province needing more homes.
Ambitious homebuilding agenda - In the latter half of 2023 we witnessed a flurry of announcements fr...
By Vaishali, Senior Analyst, Research Services & Strategy and Wendy Waters, Vice President,
Research Services & Strategy, GWL Realty Advisors[1]
A substantial portion of Vancouver’s population is choosing to rent rather than aspiring to own a home. This trend has been...
The Tyee published an opinion piece on October 12, 2023 entitled “The Lucrative Business of Owning Rental Buildings”. We ask the question, if rental apartment ownership and development is such a lucrative business, why are we so short of apartments? Let’s delve into the...
This evening, Tuesday October 3rd 2023, the City of Port Moody has a generational opportunity to create a significant number of new homes to meet diverse housing needs, all within steps of sky train. It’s time for the Mayor & Council to send a strong message to the naysa...
LandlordBC has obtained additional information about the Prime Minister’s September 14th announcement.
Focused on new supply only, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences bui...
On September 14, 2023, Prime Minister Justin Trudeau announced a significant policy change by the Government of Canada. Effective immediately, the government will eliminate the Goods & Services Tax (GST) on new rental apartment buildings. This measure aims to incentivize ...
This is part two of a two-part series. Read Part 1 here.
Risks to Buyers when a Tenant fails to leave the Residential Property on the Possession Date
One of the recent legislative changes made by the Province was to impose a punitive award of 12 months’ rent in favo...