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Why it's time for a serious debate about rent control in Canada
(financialpost.com)
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this post was submitted on 29 Nov 2024
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We need:
-limit 1 house per family
-serious rent control
-4-storey apartments built owned by the public and cooperatives
-Stronger renter protections
-Aggressive tax on empty properties/units
Aggressive and escalating.
The longer you leave a residential property vacant, the higher the tax rate becomes.
Speculating on residential housing needs to become costly - more expensive than making it livable and available for people to live there.