The question is more is it better or worse than what we currently have. Right now, private landlords are evicting people pretty constantly for no-fault reasons like landlord-use and “redevelopment”.
You must be in ON, cause I can assure you that in provinces where the Landlord-Tenant board actually functions, like Alberta, thats NOT happening. Its not a Canadian problem, its largely an ON and BC problem and the reason its a problem in those two provinces is because of their restrictive rent controls. They SOUND like a good idea at first but when the rubber hits the road, you cant tell a landlord they can only raise the rent by 2% when inflation has been rising by 4% to 8% and expect them not to use any means possible to raise the rent. Maintenance goes up, supplies go up, appliances go up, trades go up, taxes go up, insurance goes up, but the landlord can only absorb so much and then something’s gotta give and 2% doesnt cut it.
Here in Alberta we can raise the rent by any reasonable amount we like and it works. Rents go up in times of shortage but they also go down when there is an oversupply. So in the last year, the rents in Calgary have DROPPED by 9% because there have been a lot of new rentals come on the market. It works. Rent controls do not.
Everything can get abused.
The question is more is it better or worse than what we currently have. Right now, private landlords are evicting people pretty constantly for no-fault reasons like landlord-use and “redevelopment”.
You must be in ON, cause I can assure you that in provinces where the Landlord-Tenant board actually functions, like Alberta, thats NOT happening. Its not a Canadian problem, its largely an ON and BC problem and the reason its a problem in those two provinces is because of their restrictive rent controls. They SOUND like a good idea at first but when the rubber hits the road, you cant tell a landlord they can only raise the rent by 2% when inflation has been rising by 4% to 8% and expect them not to use any means possible to raise the rent. Maintenance goes up, supplies go up, appliances go up, trades go up, taxes go up, insurance goes up, but the landlord can only absorb so much and then something’s gotta give and 2% doesnt cut it.
Here in Alberta we can raise the rent by any reasonable amount we like and it works. Rents go up in times of shortage but they also go down when there is an oversupply. So in the last year, the rents in Calgary have DROPPED by 9% because there have been a lot of new rentals come on the market. It works. Rent controls do not.
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