Rent Cap Gets Extended & Increased To 5%

Rent Cap Gets Extended & Increased To 5%

Hey Landlords, Landlords in Nova Scotia received some news that will work well for both tenants and landlords. The rent cap has been extended to the end of 2025, it has been increased from 2.5% – 5% per year. New leases will be signed at market rent. Lots of...
Landlord Registry – More Red Tape Solves Housing Crisis

Landlord Registry – More Red Tape Solves Housing Crisis

Hey landlords, I can see the headlines now: “More red tape solves housing crisis” or “Halifax City Council regulates its way to a world class solution to affordable housing” maybe even “Landlord registry makes housing affordable.” I...
The Housing Price Crash That Never Happened In Halifax

The Housing Price Crash That Never Happened In Halifax

Is anyone else in a boring stable market like Halifax that just went on a wild ride, but in reality not much will change other than houses won’t be listed for 500K over what they should be, just inline with what they are actually worth. I will make a disclaimer,...
Rent Control Is Here To Stay Until December 31, 2023

Rent Control Is Here To Stay Until December 31, 2023

Well after a lot of rumors, speculation, protests and debate temporary rent control has been extended in Nova Scotia. What does that mean for landlords? Residential rent increases will be limited to 2 per cent per year and will be in effect until December 31, 2023...
The Nova Scotia Affordable Housing Commission Report

The Nova Scotia Affordable Housing Commission Report

The affordable housing issue in Nova Scotia has been amplified by COVID 19. This lead to some quick action by the government to make changes to help ease the damage being done by not having an adequate supply of affordable housing in Nova Scotia. Affordable housing is...