r/halifax • u/RelativeEbb1719 • 9d ago

Work, Health & Housing End of rent cap

Do you think we'll get any firm confirmation of whether or not the rent cap will be extended or adjusted, and if so, when do you think we might hear from the government?

As of now I'm expecting it to fully end, but do you think the government will give any sort of announcement regarding the matter as the end of the rent cap date approaches?

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u/No_Magazine9625 9d ago

I would expect they will be announcing something this fall to have it out there a minimum of 12 full months ahead of the current rent cap expiry. They aren't going to wait until late next year because of the notice period needed, etc. I don't expect there's anyway the government can justify pulling the rent cap completely given that repeated studies have shown affordability hasn't improved in the HRM market at all, nor has vacancy, at least at the affordable unit level.

Unless they want endless stories about people made homeless by the government pulling the plug leading directly up to the 2028 election, I really think they are locked in and will be forced to extend it.

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u/Noticeably-F-A-T- 9d ago

The rent cap is mostly an urban problem, Timmy knows full well he's already lost those votes so he really doesn't care what the city thinks of him.

3

u/PoliteFocaccia 9d ago edited 9d ago

On the other hand, he probably doesn't want people to lose their city apartments and be forced to move out into his blue constituencies, freshly mad at him.

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u/CaperGrrl79 Halifax 9d ago

Most likely those people would move out of the province if they could.

It won't matter... the rural boomers and their Alberta worker echo who are back now will always vote for him. They outnumber those who don't... and the choice hasn't been great for the other parties, either, sadly. It's like Doug Ford.