Cap unlikely for skyrocketing Halifax rents
Halifax’s old housing stock sets us apart from other Canadian cities, she said. “It became apparent that there’s a shelf life. So it comes to a point where there is a total renovation required. Roofs, windows, electrical, everything – and this is what’s happening now. So smaller landlords that own these buildings are now in the situation that they don’t have the capital to re-invest, so they are selling out.”… [Read More]