this post was submitted on 15 Sep 2023
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This is the best summary I could come up with:
While Ontario's delays are the longest, wait times have been "exploding" across the country since the pandemic, said David Wachsmuth, a McGill University associate professor and Canada Research Chair in urban governance.
"In Quebec, staffing [at the province's rental board, the Tribunal administratif du logement] has actually decreased at the same time as the demand has exploded," Wachsmuth said.
The LTB told CBC in a statement that some application wait times had improved by up to several months, but it is continuing to explore ways to decrease the backlog and support the adjudicators.
Canada is in the midst of a housing crisis with historic low rent availability and a continued rise of short-term rentals across major cities.
Her point is clear: At a time when Canada needs long-term rentals more than ever, small landlords are getting out of the business out of fear of getting caught in a broken system.
During the same period, the number of publicly listed rental units has decreased by about 46 per cent, according to Ontario Real Estate Association (OREA).
The original article contains 1,248 words, the summary contains 172 words. Saved 86%. I'm a bot and I'm open source!