this post was submitted on 30 Aug 2023
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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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[–] [email protected] 3 points 1 year ago (1 children)

Tbf rent control doesn't solve the problem of scarcity.

[–] [email protected] 6 points 1 year ago (1 children)

What scarcity? Nobody is homeless waiting for housing to be built. Redistribute what has been hoarded.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

The scarcity that is being measured in units of dollars here.