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Penticton tackles affordable housing issue

By Angela Jung PENTICTON — To help address the need for affordable housing, the provincial government and the City of Penticton have announced a new rental housing project for families and individuals with low to moderate incomes. Seventy new homes will be built...
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Housing Bubble Fears Are Causing A Rental Housing Boom

By Ben Myers Fear is a powerful motivator. Fear of losing money is an extremely powerful motivator. Many homeowners have the majority of their net worth in their homes, and countless prospective buyers are contemplating using most of their life savings to buy their ...
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Turning Trudeau's Housing Promises Into A Strategy

By Greg Suttor The Canadian housing landscape has shifted with the election of a new federal government. This is the first government in many years elected with a platform of significant spending on affordable housing. The Liberal platform promised new funds for soc...
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Canada’s Purpose-Built Rental Vacancy Rate Increases

OTTAWA, November 2, 2015 — Canada’s 35 larger centres saw the average vacancy rate in privately initiated purpose-built rental apartments increase to 3.3 per cent in October 2015, from 2.8 per cent in October 2014, according to preliminary data from the fall Rental Mark...
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Residential Tenancy Act Legislation Amendments

Residential Tenancy Act Legislation Amendments The B.C. government has introduced legislative changes intended to support tenants fleeing family violence, reduce red tape for landlords and tenants. Proposed changes to the Residential Tenancy Act will allow for t...
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LandlordBC 2015-2016 Board of Directors

  LandlordBC Announces 2015-16 Board of Directors PRESS RELEASE Vancouver (October 8, 2015) – LandlordBC, the industry association representing owners and managers of rental housing in British Columbia is pleased to announce it’s 2015-16 slate of Board of Di...
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Is it time to sell your rental property? Or time to buy another?

By Jason Heath According to Statistics Canada, 69 per cent of Canadians own homes, so most of us have reason to worry about the fate of the housing market. Landlords, in particular, make a conscious choice to invest in real estate that goes beyond just a place for t...
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Canada’s REITs on a roll

$170 million apartment buy underlines aggressive real estate investment trust moves By Frank O'Brien After posting dismal numbers earlier this year, real estate investment trusts (REITs) have launched aggressive acquisitions, timely mergers and forays into U.S. rea...