Exploring rental housing affordability over time
Last month, School of Cities at University of Toronto wrote an article detailing how rent increases have significantly pulled away from all of income, rent control measures, and inflation.
The article makes the point that:
rent control is not a complete housing policy on its own, but it can help preserve affordability and reduce displacement when paired with other measures.
https://reframehousing.org/merits-and-limits-of-rent-stabilization
It is this exact reason that community land trusts exist.
We aim to develop and redevelop housing units to be permanently affordable and safe from real estate speculation.
Read the full article here.
