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Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca)
submitted 3 years ago by to c/canada@lemmy.ca
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According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.

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[–] 6 points 3 years ago (2 children)

They are the reason why people cant afford to buy. Thats a looot of buildings going for sale if you get rid of landlords. Plummeted prices and mortgage payments. Then we should be focusing from the bottom up afterwards, make sure everyone has some place to live with public housing.

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  • [–] 3 points 3 years ago (1 child)

    Yup, so take away the ability to grossly profit off the backs of others and allow the scales to balance. There's no reason we can't do both by disincentivizing gouging and slumlording while at the same time increasing the creation of more affordable housing.

    Hell, if a sliding-scale of fees against # of properties/profit were implemented they could use the revenue from that to help fund more affordable housing, while discouraging house-hoarding at the same time.

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