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Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca)
submitted 2 years ago by to c/canada@lemmy.ca
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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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[–] 27 points 2 years ago (3 children)

While I don't completely agree with an outright ban imo there should be strict limits to the amount of residential property a person or corporation can own.

No one should be making significant profit off of something so essential.

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  • [–] 28 points 2 years ago (1 child)

    Make property ownership a shit investment.

    Cap revenue from rent to 5-10%. Tax the living fuck out of empty properties so they'll take someone, anyone. Tax higher the more properties they own.

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