If You Can’t Afford the Rent, It’s My Problem, Too

Re:If You Can’t Afford the Rent, It’s My Problem, Too by bigmanwalter on Wednesday March 27, 2019 @11:11AM (#19501595)

I live in a city with rent control and it's great. New York's rent control model is broken no doubt but look no further than Montreal for a better example.

The difference is that all rent prices are subject to a maximum increase of roughly 1% per year, even if tenants change, the lease is locked to within 1% of the previous tenant's lease.

It works great :) Older rental stock remains cheap, and new properties are reasonably priced too.

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Re:If You Can’t Afford the Rent, It’s My Problem, Too by refurb on Wednesday March 27, 2019 @12:07PM (#19502343)

Montreal isn’t exactly a city experiencing a massive influx of high paid workers.

Easy to solve the problem when their isn’t one.

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Re:If You Can’t Afford the Rent, It’s My Problem, Too by bigmanwalter on Wednesday March 27, 2019 @04:43PM (#19505820)

Renting is much cheaper in Montreal than similar sized Canadian and American cities. Obviously you cannot compare to cities like NYC or SF directly.

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