Jay Mcinnes

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September 2022

Why the 2% Increase Hurts Tenants More!

Posted on Sep 28, 2022 in Vancouver Real Estate News


So rental increases in BC have been capped at 2% this year. To put it in simple terms, this means a $2,000 / month rent could increase to a maximum of $40 per month to $2,040 / month. Time to celebrate hey? A win for the underdog!? About time those Landlords got what they deserve?! Unfortunately, the answer is a resounding “NO!”
The problem with ren...

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The Affordability Lie

Posted on Sep 15, 2022 in Vancouver Real Estate News

A fun phrase that gets thrown around - “Affordable Housing”. No matter which side of the political spectrum you are, it’s a term we’ve all heard from various Governments. It’s usually followed by a line surmising how it will fix all of our housing problems. Well what actually IS this mythical ‘Affordable Housing’?
The CMHC summarises Affordable Hous...

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