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The numbers don’t lie: The housing crisis is not caused by a supply shortage
(www.policyalternatives.ca)
this post was submitted on 06 Feb 2026
133 points (97.8% liked)
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And add in an 'empty fee'. If a property sits empty for x amount of time, there's a significant fee added per month until it's sold or rented. Though people much smarter than me would have to figure out how to prevent rich assholes from just selling to each other to avoid the fee I suppose.
Bottom line, if you buy a place as an asset and the rental market dips below your liking, tough, rent it lower than you planned or get rid of it.
Who determines what is "empty" and how?
No one actively living in it. If it's vacant after x amount of time, it's priced too high. Lower the price to get someone in, or pay fees to keep it vacant. Basically, it should cost more than it's worth to keep if you're not going to rent it, creating incentive to price it affordably.