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The chief executive officer and chairman of the board at Boardwalk REIT Some people believe rent controls work. They don’t. The fact is rent controls haven’t worked in countless jurisdictions, including Vancouver, Toronto and New York. In every place with rent controls, rents have risen alongside an evaporation of much-needed new housing supply; new housing supply creates competition and lowers prices.
A federal fund could allow non-profits to buy and maintain existing stock, freeing up private sector capital for reinvestment Published Dec 30, 2023 • Last updated 5 minutes ago • 4 minute read Construction workers at the site of an affordable housing project in the Thornecliffe Park region of Ottawa. Photo by Spencer Colby/The Canadian Press files Article content By Mark Kenney and Sam Kolias We apologize, but this video has failed to load.
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