Quote:
Originally Posted by someone123
This is not really getting at the problems of rent control, many of which affect tenants.
One problem is that it doesn't follow the tenant, so people get locked into specific apartments.
As a builder you can avoid all this by building condo instead of rental. This is how it works in Toronto and Vancouver.
But most people will think of this in terms of how much money landlords "should" charge for rent.
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I view it as a short-term fix. Reputable landlords don't do a quick reno and then double rents.
If you look around metro you can see who is gouging.