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No, this is not the reasoning that helps your argument at all. It's false to claim you need to kick people out of homes in order to have new developments. Thou
by jariel 6y ago
No, this is not the reasoning that helps your argument at all.
It's false to claim you need to kick people out of homes in order to have new developments. Though the notion of 'lack of investment in capped rentals' may be true, that has nothing to do with new housing.
The entirety of Ontario and Quebec (and I'm going to bet most of the rest of Canada) has a form of rent control, in that at least there are caps on the amount of rental increase.
- 908B64B197 6y agoWould that explain why a lot of new constructions are condos and not rental units?
- jariel 6y agoNew builds are outside the scope of rent control, so I'm not sure it's a relevant factor in Berlin. I think a lot of this discussion may be around gentrification as much as anything. Some nice neighbourhoods in Berlin were on the E. Side and they were kind of run down, but over the last couple of decades the hipsters moved in, now the professionals.
- 908B64B197 6y agoI meant, for Ontario and Quebec. I don't know how much new rental units are added every year as compared to condos.
- jariel 6y agoI don't know the ratio, but it would be hard to determine anything from that because rules are broad and have been in place for some time. What I do know is that construction is vast and booming. Driving through Toronto over the last 20 years it seems there's a ton of new buildings every time I am there. There's entire area of Montreal that has gone vertical over the last few years (formerly industrial area). That said, there is a lot of immigration to Canada.