July 20, 2024

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Fixing landlord-tenant dispute mechanisms could improve affordability

2 min read

An efficient conflict resolution process could help clear the path for tens of thousands of new rental units

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Rental housing is scarce in Canada, with demand far exceeding supply. Consequently, rents have skyrocketed over the past few years. The solution, of course, lies in rapidly increasing rental housing, which has proven to be a significant challenge.

The rental supply could be boosted immediately if over-housed homeowners made their redundant space available to rent. With aging demographics and many seniors choosing to age in place, tens of thousands of surplus basements and secondary units could help bridge the gap.

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Kelly Pullen

2024-06-16 11:00:25

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