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A comment on A New Real-Estate War in Silicon Valley. Parent comment

Re:A New Real-Estate War in Silicon Valley by kspaans on Saturday October 22, 2016 @06:04PM (#12770775)
The province of Ontario has rent controls and I never heard of it as an issue in the ~7 years I was renting there. I guess it helps that most towns don't have market rents growing way faster than inflation.
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Re:A New Real-Estate War in Silicon Valley by aianus on Saturday October 22, 2016 @07:50PM (#12771148)
That's because Toronto has no problem allowing lots and lots of new skyscraper condos to increase supply.
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Re:A New Real-Estate War in Silicon Valley by johan_larson on Saturday October 22, 2016 @07:07PM (#12770989)
New buildings are exempt from rent controls. Rents on a unit also reset to market rate when a new tenant moves in. And Toronto is also the only place in Ontario you really hear about soaring housing costs. So rent controls are a fairly limited phenomenon here.
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Re:A New Real-Estate War in Silicon Valley by markeroon on Saturday October 22, 2016 @06:31PM (#12770859)
Rent control in Toronto is a godsend. Housing prices may be out of control but rent is still reasonable.
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