Rent has soared far beyond inflation
Rents in Quebec have soared far beyond inflation, as has been obvious for a few years now. Landlords are also commonly demanding deposits, even though this is theoretically not legal in Quebec.
Rents in Quebec have soared far beyond inflation, as has been obvious for a few years now. Landlords are also commonly demanding deposits, even though this is theoretically not legal in Quebec.
azrhey 10:28 on 2024-06-19 Permalink
I rented a small 5 1/2 in the Plateau 2012-2014 for 1600$, it was a nice ground floor… It is currently on padmapper for 4900$ !
From the pictures, no renos or anything has been done to it….
Ian 13:06 on 2024-06-19 Permalink
Much of Lower Outremont is less expensive than Mile End now.
bob 13:41 on 2024-06-19 Permalink
It is also illegal to raise rents more than the legally allowed amount, even when there is a new lessee – unless the new lessee consents. There is a spot where the last year’s rent has to be entered into the lease agreement, but of course landlords routinely omit that, because they know the new lessees usually don’t know the law – about that or deposits. The change to the law about lease assignments, which used to be a good way to make sure the transfer between lessees was fair, was made to reinforce this grift – before the landlord needed a reason to refuse it, now the reason is “because I can’t jack the rent up 30% for no reason if you pass an apartment along to a friend”.
Tim 16:33 on 2024-06-19 Permalink
The grift was the lease transfer market controlled by tenants. Now landlords have a say in who they are going to do business with. And yeah: it might not be your friend Bob. Maybe there is a better tenant out there than your friend.
Ian 19:39 on 2024-06-19 Permalink
Lease transfers were intended to keep tenants form being on the hook for a year long lease if they needed to leave for whatever reason. Making it so that landlords couldn’t refuse a transfer was becasue any would insist on the lease being paid in full then re-rent it, basically double dipping.
I can understand how some landlords feel that the law constrained them unfairly, but it only existed because landlords unfairly penalized tenants.
Tim, are you a landlord? You sure sound like one. If you don’t like it, go get a real job.
Tim 09:16 on 2024-06-20 Permalink
No, I am not (and have never been) a landlord. I have rented plenty and I guess that I have been lucky because all of my landlords have followed the rules and have been good people. Just because I think that this is a good rule change does not mean that I am “against” tenants; I also support a registry that protects tenants from abusive increases as well as other measures.
jeather 10:17 on 2024-06-20 Permalink
The problem is that, lacking such a registry, the change in rules in lease transfers makes abusive increases very difficult to track.
Mark Côté 15:40 on 2024-06-20 Permalink
Now landlords have a say in who they are going to do business with.
It seems that many people think that a landlord couldn’t have refused a lease transfer, but I don’t think that was the case. They couldn’t refuse it without a good reason. If you wanted to pass your lease to someone with terrible credit, for example, I’m certain the landlord could refuse it.
Tim 16:43 on 2024-06-20 Permalink
I was under the impression that inability to pay the rent or criminality were the only reasons that could be used to refuse a lease transfer.