Tag Archives: lease expiry

Vacancies & Raising Rents

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In a previous post I referred to a report on rental housing (released by RBC’s economics department) which claimed that vacancies need to be increased if rents are to stabilize or increase at a slower rate. In my comments I said that even in a high vacancy rental housing market there are reasons why landlords would increase rents by significant… Read more »

Turning Over A New Building

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This past Sunday (November 24th) the Toronto Star published an article discussing the current provincial government’s reversion back to the rent control rules we’ve had since the late 1990s and the effects on tenants, some of whom are seeing big increases in rents on lease expiry. Of course, tenants in ‘old’ purpose-built rental buildings fall under rent control which means… Read more »