Quebec has rent control. So why are apartment prices still soaring?

Posted by IHateTrains123

11 Comments

  1. Who could’ve guessed that self-imposed shortages cause price hikes? Not I, understander of supply and demand.

    Jesus fucking Christ.

  2. Because this policy *doesn’t fucking work* as I keep telling everyone around me who thinks it’s a good idea when a politician proposes it

  3. Repulsive-Volume2711 on

    Just one more regulation bro and then everyone will have a cheap apartment, readily available

  4. People dont understand that rent control is so easy to maneuver around. One example is that landlords will increase hidden fees such as higher utility bills, not including furniture and A/C brokers frees, and a bunch of other stuff. Im looking to rent right now actually and it’s a pain in the ass because most places with affordable rent has at least one of these asterisks.

  5. Rent Control is the Left’s Clean Coal. Its been suggested, tried, and enacted and every single time it blows up and makes the problem worse but they refuse to let go of it.

    We know what actually works and has been implemented and has been shown to work in practice and theory, and the people who specialize in studying this Urban Planners and Economists have loudly beating the drum to focus on what does work.

    You build housing to meet demand and overwhelm the market and drive down housing prices

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