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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

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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[-] blazera@kbin.social 6 points 1 year ago

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.

[-] phx@lemmy.ca 3 points 1 year ago

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.

[-] blazera@kbin.social 0 points 1 year ago

Outlawing landlords gets rid of price gouging and slumlords. You cannot own property you dont live in, period.

this post was submitted on 30 Aug 2023
449 points (98.3% liked)

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