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> if cities started mandating 15% of new apartments had to be rentals Why is it so desirable for your landlord to be a business instead of a private individual
by aianus 10y ago
> if cities started mandating 15% of new apartments had to be rentals
Why is it so desirable for your landlord to be a business instead of a private individual who bought a condo? What problem does this solve?
> 40% have to be 3 bedrooms
What is this supposed to do? Yuppy roommates are still going to outbid working-class mom and dad every time. See San Francisco.
- ggcdn 10y ago>What problem does this solve? It prevents them from being bought by speculative investors and taken off the market. An alternative solution to the same problem is an empty-home tax, which is being rolled out in Vancouver. > What is this supposed to do? Its pretty obvious isn't it? It increases the supply of viable housing options for families. I'm not trying to say this is the silver bullet - Its just some ideas. My honest opinion is that Canadian housing should only be able to be owned by Canadian citizens, but that ship sailed long ago.