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Old 06-14-2022, 12:38 PM   #22600
supafamous
RS has made me the bitter person i am today!
 
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Quote:
Originally Posted by Hondaracer View Post
So I spoke to someone today who basically got renovicted from one of those dumpy low rises behind Metrotown. Burnaby has a pretty sweet deal in place for these people.

So a firm bought his building he was renting in, city of Burnaby now finds you a different home nearby and pays for the move etc. you continue to pay the same rent you were before at the old place with Burnaby topping off anything more.

THEN once the tower that replaced your building is complete, you can either move back into that brand new building paying the same rent, OR he said you can take a fairly substantial payout and move on.

I guess that’s why no one is protesting the renovictions from all those dumpy buildings anymore
Burnaby's grand bargain - they don't want to touch any SFH area for fear of upsetting landowners so they tear down rentals (which are affordable housing for the most part). To placate the protestors (who I think have a good point - why not tear down some SFH instead?) this is the price Burnaby pays.
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