"People should have to buy something to earn money for the rent in place of a mortgage, like buying a bus ticket or a house," said Ms. Tonge, who has lived near the B.C. government headquarters since 2000.
"People don't have to be able to put the money on their credit card," she said, saying that some landlords do. "It makes people look less wealthy if they can't afford the rent to rent to somebody more important."
If people had $10,000- a-month to pay and were able to get a mortgage they would be able to secure $11,000 a month for a home, said James MacPhail, who served as finance minister in former prime minister Stephen Harper's former government and is now the finance minister's research adviser.
The new law says landlords are allowed to pay a $834 fee if they can show them that they have a mortgage to pay and that any of at least the $15,000 they make is for personal use.
The province has one-third of Canada's homes without adequate insurance covering basic services such as health, education, utilities and utilities, and has seen major increases in unstructured loans and student loans, which increase the amount that individuals have to pay by half a percentage point.
The province has the lowest rate of delinquency on unsecured loans and $1,732