August 22, 2017 |
Quoted from the article:
David Eby, the MLA for Vancouver-Point Grey and the New Democratic Party’s housing critic, agreed.
“That’s just the cost of doing business,” he said. “It’s not hard (for a landlord) to do the math and say, well, even if this person challenges my decision and wins, I’m still going to be ahead if I rent out at a higher rate.”
Eby said the shortage of rental housing in some of B.C.’s markets have made prospective tenants desperate and willing to pay steep rents, and some landlords are breaking the rules to take advantage of that.
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