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Old Posted Sep 10, 2018, 5:21 PM
GenWhy? GenWhy? is online now
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Join Date: Jun 2017
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In talking with COPE people over 2 months, they've provided many "options" on the rent freeze. I asked them because it made no sense to me, personally, even as a renter, but mostly as someone who works in the industry. It also made no sense to me for this advocacy on their part due to it being a provincial matter (it's COPE's #1 policy).

COPE folks told me they're working out the solutions which could mean a freeze on only existing or older rentals. I didn't hear (from multiple people. Jean Swanson said they would work out details with the Province) a lot about the freeze impacting new rental, as I assume they know that would be a killer for new builds to mandate lower rents of all new rentals or they understand their base is not renting out and facing high increases if they're renting out $1,800 1-bedroom units.

I've only heard the rent freeze as a stop-gap-measure from almost every party, as a means to hold the line as both city and province find a solution. A kind of... no 4.5% increases during the next 4 years as we build solutions. However... many parties like COPE do not provide housing solutions at a municipal level for those above the $40k threshold, as far as I've asked and read. It's all very interesting.
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