What are the parties promising on Rental housing?

We don't have any PC policies on Rental housing.

Liberal

Set the rental cap based on inflation, market conditions, and vacancy rates on a regional basis until there is a 3% vacancy rate

"Current rent protections are hurting those they’re supposed to help. Right now, Tim Houston can change the rent cap on a whim—and that’s bad for everyone. We will implement a fairer system where the cap is based on inflation, market conditions, and vacancy rates on a regional basis until adequate housing supply is reached and there is a healthy vacancy rate of 3%. This will provide much needed consistency, stability, and predictability to our rental market." — Better Deal for Nova Scotians, retrieved 2024-11-09
Ban landlords from offering fixed-term leases longer than one year

"We will end fixed-term lease abuse by ensuring that landlords cannot offer tenants fixed term leases longer than one year. Extensions beyond the fixed term would automatically transition the lease to month-to-month." — Better Deal for Nova Scotians, retrieved 2024-11-09
Lower the income cut-off for the rental supplement, so that residents spending over 30% of their monthly income on rent can receive it

"The Rental Supplement provides support to low-income Nova Scotians who pay more than 40% of their income on rent. In 2023, Tim Houston’s government raised the cut-off from the 30% it was under the previous Liberal government to 50%, before lowering it back to 40% earlier this year. A Nova Scotia Liberal government will lower the cut- off back to 30%." — Better Deal for Nova Scotians, retrieved 2024-11-09
Establish a Rent Bank to provide quick turnaround, zero-interest loans to renters who need to make rent

"Everyone experiences emergencies—and that shouldn’t cause you to worry about losing your home. A Nova Scotia Liberal government will establish a Rent Bank, a low-cost, high-value program that can provide quick turnaround, zero- interest loans to renters that find themselves stuck." — Better Deal for Nova Scotians, retrieved 2024-11-09
Establish a Residential Tenancies Unit to deal with egregious and time-sensitive disputes

"Despite recommendations to establish a Residential Tenancies Enforcement Unit to deal with especially egregious and time-sensitive disputes—and support from both landlords and tenants to do so—Tim Houston’s government decided not to implement one, and tried to mislead Nova Scotians about it. A Nova Scotia Liberal government will implement a Residential Tenancies Enforcement Unit." — Better Deal for Nova Scotians, retrieved 2024-11-09

NDP

Set allowed rate increases under rent control at 2.5%, down from 5%
Provide $900 housing rebates for low-income renters and homeowners

"Providing $900 housing rebates for low-income renters and homeowners by bringing in a new rent and mortgage tax rebate for low- and middle-income households. The Affordable Homes Rebate will help hundreds of thousands of renters and homeowners by providing an average annual rebate of $900 when their household incomes are under $70,000 a year - so it will benefit approximately half of all Nova Scotia households." — Leadership You Can Believe In, retrieved 2024-11-16
Reverse the loosening of eviction rules
Close the loophole of fixed-term leases

"We'll also close the Houston fixed-term lease loophole that has allowed landlords to exploit Nova Scotia's tight rental market and charge double-digit rent increases." — Leadership You Can Believe In, retrieved 2024-11-16
Set eviction and renoviction protection
Lower the income cut-off for the rental supplement, so that residents spending over 30% of their monthly income on rent can receive it
Create a new Residential Tenancy Enforcement Unit

Rental housing platforms

Liberal

NDP

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