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.
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.
You’ve already lost me. They’re the ones trying to treat homes as a commodity fit for investing. Investments carry risk. Passing the cost of that risk to tenants, or giving them a free pass because they’re being forced to play by real rules instead of the rigged game they’ve been taking advantage of, doesn’t sit well with me.
They made an investment that by its very nature exploits people. They should shoulder the consequences of that decision.
At this point I think I’m with Singapore on land and housing being a publicly controlled good
As it stands now our housing market is just an inflation resistant bank for the wealthy
They just named the price they’re willing to rent it at its entirely secondary to their goals and so it doesn’t serve the housing market