Condos being rented out are a red herring, and shouldn't be demonized. They're meeting a rental market demand need that wasn't being met sufficiently from the purpose-built rental side (because purpose-built was typically uneconomic to build). Without this shadow rental supply, the rental market would be in even more dire need.
And to be clear, I'm not speaking as a developer or nor do I rent condos out. This is the market economist in me speaking.
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