VIDEO: B.C. to end geographic area rent increases, close fixed-term lease loopholes

Both clauses allowed landlords to raise rents above the max annual allowable rent increase

Landlords will no longer be able to use higher neighbourhood rents to justify a rent increase, Vancouver-West End MLA Spencer Chandra Herbert announced in Vancouver Saturday.

“The geographic area increase clause allowed landlords to bully renters into paying massive rent increases,” said Chandra Herbert.

The Residential Tenancy Act clause had allowed landlords to apply to raise rents beyond the maximum annual allowable increase if they could prove that similar units in the neighbourhood had higher rents.

The cap on rent increases is four per cent for 2018.

Chandra Herbert said that landlords would at times apply for rent increase of 70 per cent or more, as well as using the threat of rent increases to convince renters to agree to lower, although still significant increases.

Andrew Sakamoto, executive director of the Tenant Resource & Advisory Centre, said that the geographic area clause had let landlords push rents even higher amidst what has been called a rental crisis in B.C.

Metro Vancouver rental vacancies sit at less than one per cent across all of its communities.

“We can’t allow landlords to use geographic rent increases to bring more units in line with the already inflated market that vacated clauses helped create,” Sakamoto said.

READ: B.C. to give renters a break on deposits, rent increases

The change will go into effect Monday, along with the end of a fixed term lease loophole.

The loophole allowed landlord to have their tenants sign a fixed-term lease with a vacate clause that allowed landlords to either bring in rent increases or evict tenants.

“While the good news that vacate clauses are for the most part eliminated, the bad news is that this loophole has left communities across B.C. with artificially inflated rents,” said Sakamato.

Any renters currently under a fixed-term lease will be able to go to a standard month-to-month lease.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Surrey RCMP look for missing man

Tyler Ridout, 36, last seen near Balsam Crescent and 136th Street

Police watchdog investigating death of man in Delta

Independent Investigations Office asking for witnesses to May 29 incident at Tsawwassen ferry terminal

Safe Surrey under fire for ‘sickening’ social media posts accusing RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

B.C. government releases designs for new Pattullo Bridge

Project expected to cost $1.377 billion, completed by end of 2023

11 new COVID-19 cases in B.C. as top doc urges caution amid ‘encouraging’ low rates

Dr. Bonnie Henry also announced that two care home outbreaks would be declared over

Facing changes together: Your community, your journalists

We’re asking you to lock arms with us, as we look to better days ahead

Father’s Day Walk Run for prostate cancer will be virtual event this year throughout B.C.

The annual fundraiser for Prostate Cancer Foundation BC has brought in $2.5 million since 1999

Dr. Bonnie Henry announces official ban on overnight kids’ camps this summer

New ban comes after talking with other provincial health officials across the country, Henry says

Senior man in hospital after unprovoked wolf attack near Prince Rupert

Conservation officers are on site looking for the wolf

VIDEO: NASA astronauts blast off into space on SpaceX rocket

Marks NASA’s first human spaceflight launched from U.S. soil in nearly a decade

‘I knew what he wanted’: Kootenay man spends hours in tree as black bear patrols below

Francis Levasseur is no stranger to the outdoors, but a recent run-in with a bear caused quite a scare

B.C.’s police watchdog probing death of Richmond man in alleged shoplifting incident

Independent Investigations Office of B.C. is asking any witnesses to come forward

PHOTOS: U.S. cities brace for increasing unrest over police killing of George Floyd

Minnesota Gov. Tim Walz has fully mobilized the state’s National Guard

Most Read