this post was submitted on 21 Aug 2023
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Sounds to me like the fines need to be bigger.
Just start seizing rentals already.
1 to 3 units > can be owned by anyone
4 to 8 units > need to be registered as a company
9 units or more > owned by a non profit crown corporation
So, like, if you reduced the number of rentals and made it uneconomical to build rentals, would you expect the cost of rent to go up or down?
Society can build things without a profit motive.
Housing should be a human right, so rent abolition is next after expropriation of land leeches.