I get the reasons for closing that rental loophole to protect people from greedy, unscrupulous landlords. Exploiters are out there but most landlords, I think, would prefer stable, responsible longer-term tenants who pay on time.
At the same I would like to see it made easier to kick out serial deadbeats who abuse the premises or dont pay. These types are a minority but exist all the same. It shouldn't take a year and $$$ to give deadbeats the boot.
So then I do not think landlords will change behaviour then. They will continue to write short-term leases, and at the end, if they really like the tenant, they will raise the rent no more than the permitted amount, If they dislike the tenant, the tenant has to move.
Now, what if the landlord has a legitimate increase in costs (be it his mortgage increasing, taxes, maintenance) and he needs more than the prescribed maximum? The landlord can still apply to the RTB for an increase above the permitted amount. But if he loses that, and even if the tenant is very willing to stay and pay a higher rent, the new law says he can't. You have to replace him with new renters.
On what items can a landlord charge extra amounts?
Parking, electricity, cable etc. How about water? I've never seen a renter have to pay a water bill, at least in a multi-family building.
Edited by VicHockeyFan, 27 October 2017 - 10:14 AM.
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>