449
Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca)
submitted 10 months ago by sik0fewl@kbin.social to c/canada@lemmy.ca
141 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments
[-] isVeryLoud@lemmy.ca 28 points 10 months ago

Make property ownership a shit investment.

Cap revenue from rent to 5-10%. Tax the living fuck out of empty properties so they'll take someone, anyone. Tax higher the more properties they own.

[-] Skyline969@lemmy.ca 24 points 10 months ago

Also outright ban AirBnB and make it so corporations are not allowed to own houses.

[-] isVeryLoud@lemmy.ca 10 points 10 months ago* (last edited 10 months ago)

Yes please, houses are for people, corporations have no business (heh) owning houses.

AirBnB is exacerbating the problem, they need to be regulated to hell or outright banned.

this post was submitted on 30 Aug 2023
449 points (98.3% liked)

Canada

6926 readers
542 users here now

What's going on Canada?

Communities

🍁 Meta

πŸ—ΊοΈ Provinces / Territories

πŸ™οΈ Cities / Regions

πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

πŸ’» Universities

πŸ‘’ Lifestylecoming soon

πŸ’΅ Finance / Shopping

πŸ—£οΈ Politics

🍁 Other

Rules

Reminder that the rules for lemmy.ca also apply here:

  1. No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
  2. Be respectful. Everyone should feel welcome here.
  3. No porn.
  4. No Ads / Spamming.

founded 3 years ago
MODERATORS
otter@lemmy.ca