Introduction British Columbia (BC) is well known for its dynamic cities, breathtaking natural scenery, and excellent standard of living. It is no secret, though, that living in this attractive province can be expensive, especially when it comes to the housing
British Columbia is acting proactively to address the growing demand for affordable housing in a housing market that is changing quickly. The BC Housing Secondary Suite Incentive Program is a major project in this endeavor (SSIP). The goal of this
The rental market is experiencing a significant shift. Homeowners are increasingly opting for short-term rentals like Airbnb over traditional long-term tenancy. This trend is not merely a response to the lucrative opportunities presented by platforms like Airbnb but also a
Tenant-landlord conflict is becoming more prevalent in Canada's rental market. Strong tenant rights are vital to stop exploitation, but balanced laws that safeguard homeowners are also becoming more and more important. Protections for landlords guarantee that the rental market is
Tenant rights are indispensable for safeguarding individuals against unfair treatment and ensuring secure housing conditions. However, it is imperative to acknowledge that a subset of tenants exploit these protections, thereby inflicting substantial challenges upon homeowners and landlords. This discourse aims
The misuse of tenant rights has significant repercussions on the rental market, particularly in terms of rent increases. When tenants exploit legal protections to avoid fulfilling their responsibilities, it creates a cascade of financial and operational challenges for homeowners. These
Homebuyers are among the main people affected by high interest rates. Rising rates translate into larger monthly mortgage payments, which makes it harder for prospective homeowners to finance homes and get approved for mortgages. This has led to a slowdown
