Microeconomics,, 16th Canadian Edition

(rishikesh) #1

City, where a landlord pleaded guilty to hiring a “hit man” to kill some
tenants and set fires to the apartments of others to scare them out so that
rents could be increased!)


In 2017, the Ontario government expanded its rent controls to include
buildings constructed after 1991, which had previously been exempted
from the policy. At a time when housing prices were rising quickly, and
many observers saw new construction as a key element in limiting price
increases, it is not surprising that this expansion of rent controls
generated considerable opposition.

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