Quote:
Originally Posted by WarrenC12
Rent controls protect existing renters at the expense of people looking to rent, and landlords.
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how? I'd rather have what we have than none like Alberta. Right now in Alberta, there is a movement to establish rent control.
In my building there are people who have been there for 25-30 years, so AFAIK rent in 1992 was about $600/mo. They are good tenants and have had increases more recently and new tenants will be looking will have to pay at the current market rate, such is life. I know a lot of the renters would be screwed if they had to move out now.