Rent controls continue to be the main policy issue that landlords face in the residential world, Landlord BC prez Amy Spencer tells us (her firmreps property owners, managers, and associates in the province). “Government doesn’t cap how much a person can sell their house for. Why do they cap market rents?” That makes the business of owning rental properties more daunting when you also factor in additional government-imposed costs like the new recycling proposal in Metro Vancouver. “Aging rental stock is also a big concern,” she says.
On The Landlord Front
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