Big changes are coming to the BC housing market, and they are coming NOW. Under the Province's recently announced Housing Supply Act, all rental restricted strata owned properties must now allow rentals in an effort to increase the housing supply in BC.

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty builds upon his previous video and provides some history and insight into strata rental restrictions and how he thinks eliminating rental restrictions in strata owned properties will affect the market.

#SurreyRealtor #BCRealEstate #BCHousingSupplyAct

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.