Average asking price for a new tenant has risen by 9.6% in last year, Rentals.ca says

  • SlikPikker
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    1 year ago

    You cannot redistribute your way out of a shortage.

    There are more empty buildings than homeless people. There are “investment properties” sitting empty all over.

    The problem is the greed of the parasitic landlord class.

    • Pxtl
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      1 year ago

      There are more empty buildings than homeless people

      This is a myth. What “empty building” studies usually cover is buildings that have no usual occupant. That includes things like student houses where the occupants still have a “home address”.

      • Powerpoint
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        1 year ago

        30% of Canadians are domestic speculators. This isn’t a myth, it’s a fact.

        • Pxtl
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          1 year ago

          Not arguing there, but GP was saying that a horrendous number of units are vacant which is simply not true. And there are a few cases where being a landlord isn’t hoarding housing away from potential buyers, like in a University neighborhood where students and temporary staff will need access to rental houses. Now, obviously, student housing would be better handled by purpose-built multi-unit rental buildings but city hall says no.