Current Challenges Facing Renters in Vancouver

Current Challenges Facing Renters in Vancouver


Vancouver is a city of renter’s over
half of Vancouver’s households rent their homes which means rental housing
is important for a diverse and vibrant city with a range of households and
incomes our existing stock of rental homes isn’t enough to provide secure
housing for the city’s renters we know that it is getting harder and harder to
find and keep rental housing in the city “one of the challenges that I’ve noticed
is that there seems to be a big pool of people that are going for the same
availability and the same options” we see this in our rental vacancy rates which
have been less than 1% since 2012 since 2009 the city has encouraged the
development of new purpose-built rental housing meaning it is secured as rental
for the life of the building through a suite of incentives these incentives
have enabled almost 9,000 new rental homes over the last decade now we are
reviewing our rental incentive programs and looking for your feedback on new
approaches and ideas to improve the way we create rental in the city help shape
the future of rental housing in the city by taking this short survey at vancouver
CA / rental housing

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