Together Against Poverty Society is advocating for a vacancy control system.
Property owners across the province scrutinize assessments this time every year with the annual release of data at the beginning of January. Left out of that process are the many thousands of renters who can not get a foothold in the housing market and are just hoping to find or hang onto a place to rent at a reasonable rate.Under its proposal, when one tenant leaves a unit, the rent would remain the same, subject only to the allowed two-per-cent annual increase.
It is time to change a system that allows landlords to significantly raise rates between tenants, he said.People will find themselves in “total desperation” by paying high rents to avoid being without a home, he said. It used to be relatively easy for families to enter the rental housing market but that is not necessarily the case anymore, he said.Those who come out on top are more likely to have more money and therefore have the ability to pay more without having more people living with them, he said.
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