I don't see anything wrong with what Nenshi said. He's just saying what thousands of renters in this city feel. The fact is, vacancy rates are low and prices will go up. Landlords want to turn a profit like everyone else and rates will go up accordingly. My rent goes up every single year on Jan 1st. My landlord give his 90 days notice and plays it by the rules. It sucks balls, but not much I can do when there's no regulation to control it.
As someone who still rents, I'd personally like to see someone step in and control things better. But money makes the world go round and owners are always going to do what they think is best to maximize profits.
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