Vacancy control laws in Vancouver limit Peter Thanas' rent increase options for new tenants.

Peter Thanas, owner of the Pender Lodge in Vancouver, is frustrated with new provincial vacancy control laws that prevent him from raising rents for new tenants. This legislation, introduced after Thanas won a court case against the City of Vancouver, aims to protect vulnerable tenants from exploitation and could help keep up to 1,000 people in their homes. Thanas argues that these restrictions hinder his ability to run his business effectively.

October 16, 2024
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