BC Government Removes Rental Restrictions For All Strata Buildings, Effective Immediately

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15 Jun 2024

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The BC Government has officially removed rental restrictions from all strata buildings in BC. This will over ride any existing strata bylaws which restricted rentals. This will not only free up some much needed rental supply but could force some sales that would be now subject to the empty homes tax and speculation tax. Meanwhile, the Bank of Canada says 50% of all fixed payment variable rate mortgages have hit their trigger rate. 💥 Follow me on Social Media 💥 Instagram: Twitter: Blog: Subscribe to my Channel: #CanadianRealEstate #SteveSaretsky #VancouverRealEstate

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