The B.C. government has introduced legislation that would allow the City of Vancouver to limit rent increases for new tenants in its poorest neighbourhood, the Downtown Eastside.
The Ministry of Housing says in a statement the move could benefit as many as 1,000 people, stopping them from being “exploited by some bad actors who are using pressure tactics on tenants” to leave so they can hike the rent. Vancouver Mayor Ken Sim applauded the change, saying the city’s vacancy control bylaw can curb the evictions, while protecting low-income tenants who often find that the units are the last available option before homelessness.
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