The rents for newly renovated and furnished studio units at the Lotus Hotel had been publicly listed for $1,995 a month for some time.
But it took a viral TikTok video by a company that does “PR and media for real estate and corporate projects” to spark a larger conversation about the property at 445 Abbott — and the state of renting in Vancouver’s Downtown Eastside.
“It’s disheartening to see this happening to some of the most affordable housing stock in the city,” said Vancouver councillor Pete Fry.
“These are housing units that were typically affordable to folks on pension, folks on on social assistance, and obviously at $2,000 a month, it’s
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