John Horgan to make life easier for renters
Even before the pandemic, people were struggling to rent and live — and the pressures created by COVID-19 have only made it harder. Many are dealing with reduced hours or work or even the loss of their income altogether. We need to keep helping renters get through the pandemic and make life more affordable over the long term, says John Horgan.
Andrew Wilkinson has no plan to help renters. He voted against capping rent hikes. He plans to scrap the speculation tax. And he would give a $200 million tax break to people with homes worth more than $3 million. We can’t afford Mr. Wilkinson’s plan to put speculators and multi-millionaires before renters. Especially not right now.
After housing prices skyrocketed under the BC Liberals, John Horgan brought in a speculation tax. Now, 11,000 previously empty condos are being used for long-term rentals. After the BC Liberals let rents increase beyond the cost of living, John capped rent hikes at inflation, saving renters over $300 on average. When the pandemic hit, he banned evictions and stopped rent increases.
John and his team have been making progress. But there are still a lot of people struggling. We need to keep helping them. That’s why a re-elected BC NDP government will extend our rent freeze until the end of 2021 and pass legislation to cap increases at inflation after that. He will also provide a renter’s rebate of $400 a year for households earning up to $80,000 a year.
These commitments will help renters get through the pandemic and put more money back in their pockets as we build an economic recovery for everyone.
“Mr. Wilkinson has called renting a ‘wacky time of life’ and his candidate in this riding wants to get rid of rent increase limits entirely,” said Brenda Bailey, the BC NDP candidate for Vancouver-False Creek. “They just don’t get it. If the BC Liberals were in power, they would let rents go through the roof and speculation would go unchecked – turning 11,000 homes back into empty condos.”
“We can’t afford Mr. Wilkinson and his plan to put speculators and multi-millionaires before renters, especially right now when so many are already struggling with loss of income or reduced hours of work,” said Horgan.