“The vacancy rate has, once again, increased, passing from 2,3% to 2,5%, and this in spite of growing immigration and of an access to property whose fervour decreases (because of the rise of the mortgage rates). At the Association of Quebec Landlords (APQ) we consider this situation to be dangerous when combined with the weak increases of rents which come to compromise profitability“, says Martin Messier, president of the APQ.
In certain regions
such as the CMA (Census Metropolitan Area) of
according to this study, the price of rents in
“The rental market must be stimulated. Without important legislative modifications, only fiscal incentives to renovation and the reduction in the building of affordable housing could change this situation“, the APQ believes.
“It is necessary to call into question the very existence of rent control. This too restrictive way, which grants only too weak rises of the rents, does not make it possible to stimulate construction, nor investment in major works of renovation. This control is prejudicial as much to the tenants as it is to the owners. It is necessary to recapture the inspiration and the dynamism of free competition”, concludes the president of the APQ.
The APQ recommends to the owners not to yield to the temptation to give months of free rent which is likely to create problems: the Régie du logement could consider, if the clause is not clear, that the exemption from payment applies to all the lease renewals. It is necessary, in spite of the fact that our residences are empty, to avoid renting to whomever comes first. The APQ offers to the owners an outstanding service of verification of the candidates before renting an apartment.
1984, the Association of Quebec Landlords (APQ) is the most important
association to offer services to the owners of rental residences while being
present in all the regions of