Friday, September 11, 2015

Building boom is reshaping Vancouver – but at a cost to city’s downtown tenants

"Under the city’s noise control bylaw, construction on private property is allowed Monday to Friday from 7:30 a.m. to 8 p.m. and from 10 a.m. to 8 p.m.  on Saturdays. It’s prohibited on Sundays and statutory holidays. Construction on public property such as city streets, lanes and boulevards is allowed from 7 a.m. to 8 p.m. Monday to Saturday and from 10 a.m. to 8 p.m. on Sundays and statutory holidays."
https://www.biv.com/article/2015/6/renovictions-construction-wreak-havoc-renters


"Vancouver continues to have the "highest price per door" of the eight markets surveyed, at $234,661 - well ahead of a $147,000 price per door in Toronto, and $102,028 in Montreal.
Prices per door, or suite, have increased nearly 1.6 per cent in the last year in Vancouver, while dropping 5.8 per cent in Toronto.
And while Vancouver once had the highest rents in Canada - now averaging $1,177 - latest figures show the city is in second place, behind Toronto where average rents are $1,188. Rents in Montreal, at an average of $717, are the lowest."
http://www.vancouversun.com/business/affordability/Barbara+Yaffe+High+rentals+latest+trend/11315318/story.html?__lsa=2aee-8b0b


http://globalnews.ca/video/1983176/where-we-live-renting-vs-buying-part-2

http://data-loaf.blogspot.ca/2015/09/rent-control.html

http://data-loaf.blogspot.ca/search?q=rent