{"id":1166,"date":"2022-11-30T07:00:00","date_gmt":"2022-11-30T15:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/strata-act-rental-property-rules-age-restriction-renter-kids-income-vacancy-tax-affordable-housing-bc-premier-market-value-rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage\/"},"modified":"2026-04-08T09:23:31","modified_gmt":"2026-04-08T16:23:31","slug":"strata-act-rental-property-rules-age-restriction-renter-kids-income-vacancy-tax-affordable-housing-bc-premier-market-value-rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/strata-act-rental-property-rules-age-restriction-renter-kids-income-vacancy-tax-affordable-housing-bc-premier-market-value-rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage\/","title":{"rendered":"Changes To Strata Property Act Now In Effect"},"content":{"rendered":"<h2>BC Government Ends Rental and Age Restrictions for Strata Properties.<\/h2>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-family: times new roman, times;\">On November 21st the new Premier announced sweeping action to expand BC&#8217;s house supply. <\/span><\/h3>\n<p><span style=\"font-family: times new roman, times;\">He had this to say about the beginning of his three pronged action plan:<\/span><\/p>\n<p><span style=\"font-family: times new roman, times;\">&ldquo;B.C.&rsquo;s housing crisis is stressing out and hurting people&nbsp;while it holds&nbsp;back our economy,&rdquo; said Premier David Eby. &ldquo;As a first step in my 100-day plan, we are making changes to deliver more homes for British Columbians, faster. We will work with municipalities to set housing targets and make sure the homes&nbsp;people need get&nbsp;built. For those searching for a home today, there&#8217;s good news. We&#8217;re making it possible for thousands of condos that are vacant to be rented out as soon as these new laws pass. For those worried about the future, we&#8217;re setting out a new way to co-ordinate the efforts of our cities and the Province to build the homes people need quickly.&rdquo;<\/span><\/p>\n<p><span style=\"font-family: times new roman, times;\"><img decoding=\"async\" style=\"width: 557px; height: 313.313px; margin: 0px auto; display: block;\" title=\"Strata Property Act Changes\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/FiHATf0aEAUJSDk.jpg\" alt=\"BC Government News \" data-noaft=\"1\" \/><\/span><\/p>\n<h3>&nbsp;<\/h3>\n<h3><span style=\"font-family: times new roman, times;\">On November 24th three key changes were made to the Strata Property Act that took effect immidiately. They are:<\/span><\/h3>\n<ul>\n<li style=\"margin-top: 0px; margin-bottom: 0px;\"><span id=\"m_-471206134377987082email_2\" style=\"font-family: times new roman, times;\">Banning of strata rental restriction bylaws;<\/span><\/li>\n<li style=\"margin-top: 0px; margin-bottom: 0px;\"><span id=\"m_-471206134377987082email_3\" style=\"font-family: times new roman, times;\">Limiting age restriction bylaws in strata housing to age 55 and over; and<\/span><\/li>\n<li style=\"margin-top: 0px; margin-bottom: 0px;\"><span id=\"m_-471206134377987082email_4\" style=\"font-family: times new roman, times;\">Making electronic meetings a permanent option for strata corporations.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-family: times new roman, times;\">As part of the changes the BC government released the following statement:<\/span><\/h3>\n<p><span style=\"font-family: times new roman, times;\">&#8216;In areas where government has&nbsp;data through&nbsp;the Speculation and Vacancy Tax, there are approximately 2,900 empty condos that cannot be rented out because strata rules prevent&nbsp;them from renting out their condo, and&nbsp;government expects there are more empty units in strata buildings in other parts of the province. This amendment will enable owners to rent out these badly needed homes immediately. Government also expects that some owners in strata buildings would choose to rent out a room in their condo if they were given the opportunity to do so.<\/span><\/p>\n<p><span style=\"font-family: times new roman, times;\">&ldquo;Rules that prevent families with children from living in a home&nbsp;or prevent people from renting the unit they own are no longer acceptable in our current housing market,&rdquo; said Murray Rankin, Attorney General and Minister Responsible for Housing. &ldquo;These amendments will open up more rental and homeownership options for people at a time when they&rsquo;re needed the most.&rdquo;&#8217;<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-family: times new roman, times;\">The mayor of Vancouver, Ken Sim, had this to say about the changes:<\/span><\/h3>\n<p><span style=\"font-family: times new roman, times;\">&ldquo;By removing restrictions on strata housing units, this act will help deliver much-needed rental supply, making it easier for families with children to live and work in Vancouver. No municipality will benefit more than the City of Vancouver (the city with the largest number of strata units) from the removal of strata rental restrictions. Furthermore, the collaborative approach toward&nbsp;housing targets is a critical step forward and will help ensure predictable increases in housing supply across the Lower Mainland.&nbsp;This legislation goes a long way in addressing housing shortages in Vancouver and has my full support.&rdquo;<\/span><\/p>\n<h3>&nbsp;<\/h3>\n<h3 style=\"text-align: center;\"><span style=\"font-size: 12px;\"><a href=\"https:\/\/www.rodrhearyan.com\/contact\">If you have any questions about how the new rules will affect your housing price Contact Us Today!<\/a><br \/><\/span><\/h3>\n<p style=\"margin-bottom: 0cm;\">&nbsp;<\/p>\n<h3 style=\"margin-bottom: 0cm; text-align: center;\">&nbsp;<\/h3>\n<p style=\"margin-bottom: 0cm;\"><span style=\"font-size: 12px;\">&nbsp;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BC Government Ends Rental and Age Restrictions for Strata Properties. &nbsp; On November 21st the new Premier announced sweeping action to expand BC&#8217;s house supply. He &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"BC Government Ends Rental and Age Restrictions for Strata Properties. On November 21st the new Premier announced sweeping action to expand BC&#039;s house supply. He had this to say about the beginning of his three pronged action plan: \u201cB.C.\u2019s housing crisis is stressing out and hurting people while it holds back our economy,\u201d said Premier David\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Rod Hayes\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.rodrhearyan.com\/blog\/strata-act-rental-property-rules-age-restriction-renter-kids-income-vacancy-tax-affordable-housing-bc-premier-market-value-rod-rhea-ryan-hayes-neighbourhood-realtor-royal-lepage\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"R3 Hayes Market Snapshot - Weekly updates on pricing, market activity, listings, &amp; real estate news\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Changes To Strata Property Act Now In Effect - R3 Hayes Market Snapshot\" \/>\n\t\t<meta property=\"og:description\" content=\"BC Government Ends Rental and Age Restrictions for Strata Properties. On November 21st the new Premier announced sweeping action to expand BC&#039;s house supply. 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