I thought this might be an interesting topic to start a thread on. It would likely touch on threads regarding housing affordability, tenant and landlords rights, and tax. But then again who knows how deep the rabbit hole might go...
To start things off here is a question and brief statement, let me know your thoughts!
Which new policy would be most effective at closing the gap between average tenancy length (10 months) and average owner occupied length (7 years)? When discussing the topic of elderly renters, our Retirement Commissioner is cautious about implementing measures - such as 10% cap over market rent - that would put landlords at risk. Personally, I'm open to any ideas that might address this issue and see opportunity for a win/win outcome for both landlords and our tenants.
To start things off here is a question and brief statement, let me know your thoughts!
Which new policy would be most effective at closing the gap between average tenancy length (10 months) and average owner occupied length (7 years)? When discussing the topic of elderly renters, our Retirement Commissioner is cautious about implementing measures - such as 10% cap over market rent - that would put landlords at risk. Personally, I'm open to any ideas that might address this issue and see opportunity for a win/win outcome for both landlords and our tenants.
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