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
    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.)