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Canadian mega landlord using AI ‘pricing scheme’ as it massively hikes rents (breachmedia.ca)

submitted 2 months ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.ca/post/28449417

Canadian mega landlord using AI ‘pricing scheme’ as it massively hikes rents

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[–] [email protected] 30 points 2 months ago (1 children)

The provincial maximum on rent-controlled apartments last year was 2.5 per cent, but Sharpe’s building has no limit because Ontario Premier Doug Ford removed controls on any rental units built or occupied after November, 2018.

Yet another thing that our Conservative Premier here in Ontario has done, yet the public is still going to blame the federal government.

[–] [email protected] 4 points 2 months ago

That's a shitty move, but people should still request that rent control be a federal law rather than a provincial regulation.