Imposed from above during an economic emergency, rent control played a significant role both in curbing out-of-control inflation and solving the housing crisis Canada was experiencing at the time. A combination of robust rent control and concurrent investments in public housing saw housing prices fall by as much as 30 percent in real terms between 1975 and 1978.
I’ve heard them say it, but then quickly walk it back with phrases like how of course they are for affordable housing.
Note that this isn’t a liberal, conservative or even NDP or PPC thing. I haven’t heard ANY of them propose anything that would actually make housing affordable at scale.
If you’re heard any different please point me to it.