this post was submitted on 30 Aug 2023
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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.

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[–] isVeryLoud@lemmy.ca 28 points 1 year ago (1 children)

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 1 year ago (1 children)

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

[–] isVeryLoud@lemmy.ca 10 points 1 year ago* (last edited 1 year 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.