Quote:
Originally Posted by Nehkara
Well, as it is we have no workers because there is no affordable housing because landlords are allowed to, more or less, raise rents as much as they see fit.
... and how is it a bandaid fix when (I believe) every province except Alberta has Rent Control?
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One of the primary problems is that there are no new rental projects being built and many of the existing rental buildings are being converted to condo...but introducing rent controls will only further this vicious cycle. No one is going to develop rental projects if they can't set their own rent.
I agree affordable housing is a huge problem but its not the responsibilities of landlords to provide the solution. They are in it to make a return on their investment like anyone else. And when the rental market is soft there is no one their to bail them out. Let the market take care of itself.