Condo Smarts: Eliminating rental restrictions will increase speculation

/ Owner - July 19, 2017

Dear Tony: Is it true that the government is going to cancel the ability of strata corporations to enforce any type of rental limitation or restriction bylaws? Our strata is a 50-unit apartment building in Victoria and we permit five rentals. We also have two family rentals to retired owners and one hardship rental.  Our council has few complaints against any of our tenants — we treat them the same as owners, enjoy their residency and do not have any vacant units in our building. This has not always been the case, however.   Read the article…………….

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