Vacancy control: taking the next step on housing affordability
Feb 11, 2021
Recently, two Ontario-based Real Estate Investment Trusts (REITs) purchased 15 Vancouver apartment buildings for $292 million from Hollyburn Properties. Tenants in those buildings, totaling 614 units, now face a massively elevated risk of being evicted by absentee landlords so that higher rents can be charged to new tenants. Tenants should be concerned because of a… View Article