I agree that rent control is a short-sighted measure. It would do nothing to increase the supply of rental accomodations. The real issue is the lack of rental units in Calgary.
Rent control is a gun to the head of a landlord. It's government dictating what price a business owner can set. It's another form of price control.
Calgary is becoming an expensive place to live. It's not just renters that are feeling the pinch. Should home-buyers demand price controls because they can't afford an entry-level home? If you can't afford to live in Calgary then move somewhere else. It's that simple. If enough people move away, the market will eventually correct itself.
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