Could Tighter Rental Controls Be Coming?

In this blog post, the author discusses the potential for tighter rental controls in Toronto and the implications for landlords and tenants. The post outlines recent changes in provincial legislation, including the elimination of vacancy decontrol and the implementation of rent control measures, and discusses the potential impact of these changes on the rental market. The author argues that while these measures may provide some relief for tenants, they may also have unintended consequences, such as discouraging investment in new rental units and exacerbating existing housing shortages. The post concludes by calling for a more comprehensive approach to addressing the housing crisis, including increased investment in affordable housing and infrastructure.