BC Premier David Eby introduced measures to increase housing supply in the province. These measures seek to end rental restrictions in all stratas, and limit age-restriction bylaws to deliver much-needed rental supply.
Rental restriction bylaws have been banned in strata corporations formed since January 1, 2010. These new changes extend the ban on rental restrictions to stratas formed before 2010.
If approved, the changes to the Strata Property Act would take effect immediately.
Important changes are:
- end all strata rental-restriction bylaws; and
- limit age-restriction bylaws
Exceptions:
- Age 55+ stratas will still be allowed
- Bylaws restricting short-term rentals, such as Airbnb’s, will continue to be allowed
Read the Office of the Premier Media Release
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