"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
Meanwhile Ontario removed rent control on all buildings newer than 2018 and now people find their rents going up by 40% over a year with no recourse because the government is favouring the developers over all others, and no government level wants to mandate what developers should build.
Meanwhile areas in North America that didn’t have rent control also show skyrocketing rents. Rent control is starting to look pretty good. I would rather get decades of lower rent than not.
Meanwhile Ontario removed rent control on all buildings newer than 2018 and now people find their rents going up by 40% over a year with no recourse because the government is favouring the developers over all others, and no government level wants to mandate what developers should build.
Meanwhile areas in North America that didn’t have rent control also show skyrocketing rents. Rent control is starting to look pretty good. I would rather get decades of lower rent than not.
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Almost, except for the parts where there’s no proof only wishful statements, and there’s more doubt than ever.
Areas that did not have rent control now = rent going up
Areas that did = rent going up
Except that areas that did still got decades of lower rent.
You talk a lot about proof but I am not seeing any.