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.

  • FluffyPotato@lemm.ee
    10·
    1 year ago

    How are people not just breaking into the empty places and just living rent free? Like Canada is probably as cold as here and I would die in the winter if I didn’t have a home.

    • Pxtl@lemmy.caEnglish
      53·
      1 year ago

      The number of empty places is vastly overstated by people looking for somebody to blame instead of market forces.

      • FluffyPotato@lemm.ee
        11·
        1 year ago

        Probably a good idea to block market forces that incentiveise corpos from buying up all homes, creating a generation that can’t afford to own a home.

        • Pxtl@lemmy.caEnglish
          22·
          1 year ago

          The “market forces” that create that incentive is “too many people, not enough homes”. And the latter was caused by 30 years of municipal stonewalling and the Martin-era cancellation of subsidized purpose-built rental programs – that is, things were better when the government was literally subsidizing landlords.

          • FluffyPotato@lemm.ee
            5·
            1 year ago

            Then fund building more homes. Why would you give money to a 3th party so they can use said money to hire someone to build more homes. I’m not Canadian but this shouldn’t be an issue you need 8D chess for, if people charge too much, put in price control or make it very expensive to have more than 1 home, if there’s not enough homes then build more.

              • FluffyPotato@lemm.ee
                3·
                1 year ago

                If by co-ops this means just a bunch of people coming together that want an apartment and the government gives them money to build said apartment building that they all cooperatively own and live in then that’s an amazing policy and I would 100% support that.

                • LostWon@lemmy.ca
                  0·
                  1 year ago

                  In case you’re interested, I saw a great vid recently about co-ops as a solution to the housing crisis: https://www.youtube.com/watch?v=sKudSeqHSJk

                  (Yes, non-profit co-ops bring down prices overall, but currently any new homes are both being built too slowly and are being snapped up by corporations or private individuals so they can make money off of them. There should be ways to protect home owners’ equity while bringing down the pricing for PRIMARY home buyers.)