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by 99_00
649 days ago
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Every residential land lord in Canada is increasingly rent the maximum legally allowed amount. They don’t need AI or analysis. Canada has record immigration levels. And at the same time cities across the country decided, with the support of voters, that new residential development can not be on undeveloped lands. It must be on previously developed lands and increase density Of course redevelopment is more expensive, takes longer, requires more consultation and planning. The result is a severe shortage of housing. Instead of solving this with suburban sprawl, which isn’t ideal but is necessary, politician, voters, and density ideologist choose to blame a scapegoat. Landlords are an obvious candidate. Adding AI to the mix makes it a trendy story. |
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