Marxism Won’t Solve Canada’s Rental Housing Crisis – Despite What Ottawa Thinks
Canadian entrepreneurs used to build over 75,000 apartment units per year. Then came rent control, tax changes and other government intrusions, and they all-but abandoned the rental housing market. Now, with rental housing once again in short supply, the private sector has returned – pouring its own capital into improving and expanding Canada’s long-ignored stock of apartment buildings. Rather than celebrating this flood of new investment, however, a federally-funded cadre of housing activists is working overtime to prevent it. Peter Shawn Taylor examines the strange, Soviet-style demands of the Federal Housing Advocate and the harm such policies will do to Canada’s tenants. …[Read More]