There's a Canadian specific nuance here. In Canada for decades there has been virtually no construction of purpose built rental housing. The primary new rental

There's a Canadian specific nuance here. In Canada for decades there has been virtually no construction of purpose built rental housing. The primary new rental housing that is being created is wholly through condos being built and people renting out their condos. Accordingly the only new product being created for renters is being created by investors buying condos. Like it's bad that this is the case and this should change, but I'm just pointing out the reality right now of this present environment. There would need to be enormous systemic changes to the dynamics of the Canadian housing market if we wanted to start banning investors from buying and renting homes. Otherwise rental vacancy will plunge even further and rents will go up.