Average asking price for a new tenant has risen by 9.6% in last year, Rentals.ca says

@SlikPikker@lemmy.ca
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41Y

You cannot redistribute your way out of a shortage.

There are more empty buildings than homeless people. There are “investment properties” sitting empty all over.

The problem is the greed of the parasitic landlord class.

Pxtl
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1Y

There are more empty buildings than homeless people

This is a myth. What “empty building” studies usually cover is buildings that have no usual occupant. That includes things like student houses where the occupants still have a “home address”.

30% of Canadians are domestic speculators. This isn’t a myth, it’s a fact.

Pxtl
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11Y

Not arguing there, but GP was saying that a horrendous number of units are vacant which is simply not true. And there are a few cases where being a landlord isn’t hoarding housing away from potential buyers, like in a University neighborhood where students and temporary staff will need access to rental houses. Now, obviously, student housing would be better handled by purpose-built multi-unit rental buildings but city hall says no.

@SlikPikker@lemmy.ca
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-11Y

Landlords are still parasites.

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