Well if we know what the rate of inflation is, why not control the rent so that it is never raised at a higher rate per year than what the rate of inflation is?
3% inflation....rent only goes up by 3%....which is only reasonable.
Or do you stay away from something like that too in a free market economy?
I mean if the landlords know what the market will bear, they'll adjust accordingly. People will stay pay rent, even if it rises 500 bucks per year. Or however much it does. Especially in Calgary.
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