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Housing Politics Social Planning and Equity

Rent Control Died in California and Ontario. Now What?

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Image Courtesy of The Globe and Mail

I woke up to a blog post from Toronto Housing Matters where they supported the Province of Ontario’s decision to partially eliminate rent control on newer rental buildings.

The post continued into an academically, yet basic, economics argument on supply and demand, then moves to a discussion of why rent control is intrinsically horrible, especially for low-income renters.  I wasn’t convinced, so I did some digging.