Today, December 12, 2018, Chair Spencer Chandra Herbert and his fellow task force members released their Rental Housing Task Force recommendations as they pertain to the Residential Tenancy Act.
News
Development Archives
Two Metrotown-area apartment properties in Burnaby sold for $43 million
Carlito Pablo, Georgia Straight
December 3, 2018
Two adjacent Burnaby apartment properties near Metrotown have been sold for high-density redevelopment.
Scapegoating landlords – it’s all politics, folks
Goodman Report
September 28, 2018
This week, the provincial government bowed to pressure from tenant organizations. Without any economic or impact study, the government announced formally its intention to roll back the previously mandated rent increases of CPI plus 2% (equating to 4.5% for 2019) to CPI only. This politically expedient, rushed announcement comes in ahead of the BC Rental Task Force Recommendations Report scheduled for November, whose contents we await with some trepidation.
David Goodman: 12,000 planned rental units could evaporate if government hurts investment climate
By David Goodman, Vancouver Sun
September 20, 2018
As Metro Vancouver residents gear up for municipal elections, the single most galvanizing issue all voters and politicians can relate to — yet seldom agree on — is housing, especially rental housing.
Five-billion dollars in new rental housing stock at risk
Goodman Report
September 17, 2018
As Metro Vancouver’s residents gear up for municipal elections, the single most galvanizing issue all voters and politicians can relate to, yet seldom agree on, is that of housing—especially rental housing.
Vancouver apartment sales drop as prices rise
Steve McLean, Property Biz Canada
November 11, 2017
The number of multi-family rental apartment transactions in Metro Vancouver dropped by 23 per cent through the first nine months of 2017 while the overall dollar volume for deals jumped by 35 per cent.
Multi-family sales dip amidst government intervention
Tanya Commisso, Western Investor
October 24, 2017
A new report shows a 23 per cent decrease in Metro Vancouver apartment sales and cautions that municipal intervention may hinder the proposed new supply
Multi-family sales have slowed by a third year-over-year, possibly signaling a shift in investor sentiment, according to a new report by HQ Commercial’s the Goodman team.
Vancouver’s rental mini-boom could be snuffed out
Kerry Gold, The Globe and Mail
September 8, 2017
“Vancouver is now in catch-up mode.”
It’s a slow-motion catch up, cautions commercial realtor David Goodman, author of the 35-year-old Goodman Report newsletter.
Mr. Goodman specializes in the marketing of rental apartment buildings and condo development sites, and he makes a point of tracking new rental building numbers. While there’s been momentum over the past five years, with the exception of New Westminster, the region has a long way to go, he says.
Rentals versus condos: Has Burnaby struck the right balance?
Cornelia Naylor, Burnaby Now
September 6, 2017
Housing data shows the city lags behind its neighbours when it comes to creating and protecting secured market rentals
Co-op conversions
Peter Mitham, Business In Vancouver
Aug. 1, 2017, midnight
Winding down strata properties might be a new phenomenon, but spare a thought for co-operative housing arrangements.