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The Wynne government has decided to extend rent control to buildings built after 1991. What a horrible decision. They did so to appease their voting base because an election year is coming. They did this under the guise of helping renters.
It’s the most common question today. What should the government do to quell the demand and the rising prices of the real estate dam? Can they really legislate demand and make consumers not want something they inherently want?
Listen to “How Laneway Housing Could Increase Housing Supply in Toronto” on Spreaker.