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Opinion: It’s not that we have too many people. It’s that we have too few houses
(www.theglobeandmail.com)
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this post was submitted on 13 Sep 2023
121 points (93.5% liked)
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Don't forget so many people moving away from long-term rentals to short term unregulated rentals like AirBNB.
Years ago I remember a whole new apartment building being built in Charlottetown, PEI, that was only greenlit on the condition that it wouldn't be used for short term rentals, because vacancy was under 1%, and about a week before it was ready for people to move in they changed their mind and decided to use it for short term rentals. A whole building.
It's long past time that AirBNB was regulated.
Just rental property ownership in general.