“Meanwhile, one Vancouver Lawyer who specializes in Strata Law is also warning changes to rental rules may be hard to get off the drawing board.
An uphill battle., that’s how Vivienne Stewart of Railtown Law describes any move to throw out B.C.’s strata rental restrictions.
Stewart says many owners fear renters will drive down property values and would go to the province with significant concerns.
“How our strata corporation is going to be not just operated but how it’s going to be treated. How do we protect our value if it’s going to be open season on rental.”
Stewart says rental restrictions are the norm in most of the city’s stratas, meaning a potentially massive stumbling block for anyone looking to scrap the policy.”
READ THE FULL ARTICLE: Vancouver mayor calls for action from province in response to empty homes report