Saw this article in the Herald the other day:
http://www.canada.com/calgaryherald/...4b9a803&k=9449
When I saw the 92% of renters in favour of rent controls, I thought "well duh...", but the 78% of landlords in favour of rent controls seems surprising.
I kinda have issue with the example they use of price gouging in the article, with the rent going from $575 to $1075. Mean $575 is dirt cheap these days and I think $1075 is probably still below market value.
The question I pose is, if rental controls were implemented, would this guy continue to rent it out at $575 or just take it right off the market, if he weren't allowed to raise his rent up to what he deemed fair?