How to protect yourself against 'renoviction' as rental markets heat up

  • 📰 CTVCalgary
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

With Canada's already-hot rental market expected to come under even more pressure in 2023, experts say tenants should guard against 'renoviction' by educating themselves about their rights.

With Canada's already-hot rental market expected to come under even more pressure in 2023, experts say tenants should guard against "renoviction" by educating themselves about their rights.

Both of these practices, Kwan said, are sometimes used by landlords to get rid of existing tenants so they can rent apartments to new tenants at a much higher rate. That could mean more people will find themselves in a similar situation to Jonathan Roth, a Vancouver resident who found himself facing an eviction notice in May of this year, for an apartment he had lived in since 2017.

However, she said she believes rent control policies in provinces like Ontario are reducing the overall housing stock, and indirectly leading to some evictions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There are too many laws protecting losers that dont pay rent. will fail to mention that! Many landlords will go over a 16 month period without one payment. Paying the mortgage themselves and suffering large financial losses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSİNESS

Business Business Latest News, Business Business Headlines