How 'financialized' landlords may be contributing to rising rents in Canada
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https://www.cbc.ca/news/financialized-landlord-higher-rents-canada-1.7307015
https://www.cbc.ca/news/financialized-landlord-higher-rents-canada-1.7307015
I don’t know, it just feels like we haven’t tried much of anything here.
You're absolutely correct in that. We've mostly just allowed for monopolies and oligopolies to take over industries in a way that only supports their bottom line.
This is one place where I think the free market could have worked, given enough time and sufficient enforcement to prevent this sort of conflict of interest, but the time for that was a decade or two ago. Now we need strong interventions by multiple levels of government to fix this problem.