The Government of BC announced the end of all strata rental-restriction bylaws and limited age-related restrictions to only allow 55+-year-old communities. This can affect hundreds of thousands of properties throughout the province that previously had rental restrictions that homeowners can now choose to rent out.

James and Monica share their thoughts on how the removal of these restrictions will impact renters and homeowners, as well as what role these changes will have on the real estate market.

This episode will cover the stigma around renters, the different options homeowners now have in regards to renting or selling, the possible issues small stratas may encounter, which type of homes will be most affected by these changes, and the impact this will have on rental rates.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel – https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA

Email us at garbuttdumaspodcast@gmail.com

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Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com

Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca

Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca