30-11-2018 03:00 via vancouversun.com

David Hutniak: Vacancy controls ultimately harm renters

Vacancy control would tie rent controls to a unit rather than the tenant. Currently, rental owners have the flexibility to adjust rents between tenants to account for building and unit upgrades and other increased costs like property taxes, insurance and utilities.
Vacancy control would remove this ability. If rent is tied to the unit, the incentive for a rental owner to ensure necessary upgrades, including seismic and energy efficiency standards are completed to aging buildings, is severely com
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