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Originally Posted by MolteN
Truly is exciting for Halifax, but some serious changes need to be made, I'd say a legislation that permanently mandates a cap of 10% for rental increases from the previous rate the existing tenant was paying, example if you pay $950 a month for rent with this law it can only increase $95 to $1045 for the next 12 months.
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As a reference, Ontario's rent increase cap for 2021 was 0%. In 2020 it was 2.2%. 2022 is set at 1.2%.
https://www.ontario.ca/page/residential-rent-increases
Halifax shouldn't have anything above 5%, IMO. In saying that, though, rules need to also be brought in place to ensure that landlords cannot evict or remove tenants without reason, because that's one way around an occupied-residence rental cap. I managed to stay in a very cheap apartment in central Ottawa for years, but the second I moved out and left it empty the rent was increased by 33%.
Quote:
Originally Posted by zahav
Is there a difference between the Halifax CMA and the HRM? HRM boundaries are huge, and cover way more than what I think of as Halifax. Are the boundaries the same? East Hants seems a stretch to add into the CMA, but StatsCan has its methods, so they must have enough data on it to lump it in.
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Areas being added to CMAs are based on commuting patterns. If East Hants is being added (I can't remember the additions for 2021) then it means that >50% of East Hants' working population is commuting into the Halifax CMA central area (which is the HRM, in this case).