this post was submitted on 17 Jul 2025
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Controlled rent is better than uncontrolled rent, but it suffers from the same problems as minimum wage. And why should landlords even exist? I'm not convinced private rentals should be legal at all. If you're not using a property for personal use or a place of business, why shouldn't it be seized and auctioned or rented publicly?
Why should you own anything privately? You dont need two cars, one should be seized and auctioned publicly so someone else could have a car right? Why are you hoarding them?
Because we live in a capitalist society thats why. There are countries that do what youre proposing but they are much weaker economically and people dont have nearly the rights they do in Canada.
And of all the places to rent, guess who provides the most reasonable places to rent in the country? Is is Blackrock? No. Is it a consortium of investors? No. Is it a commercial landlord in your city? No. Its ALWAYS the mom and pop landlords who rent out basement suites and houses. Get rid of them and rent averages go UP.
You do know that GDP and economy are different and every year that goes by our economy in Canada gets worse because of heavily stagnant wages and uncontrolled rent and housing prices? It’s not good, we’re just starting from a relatively higher point than many other places.
Also all you did there was compare private(large) to private(small), which isn’t anywhere close to the argument you think it is.
Yes Im aware of the difference. I guess the issue is that I dont see the people who are not making it being the economies fault, primarily because I have 3 adult children and 3 adult step children between 25 and 39 and they are ALL doing ok financially. One is just getting by, the the other five are already making more money and living more comfortably than I did at their age and they're doing it on their own, with no help from us. So I have a hard time understanding why anyone cant make IF they want to bad enough in Canada. The opportunities are here (2 of my kids are self starting entrepreneurs) if you work hard enough. Yes, wages are stagnant if you're working retail at a mall, but no one's stopping anyone from upgrading their education and getting a better job. Our immigrants do it, Canadians can do it too.