![]() ![]() Does Rent Control Always Produce Lower Rents?Some analysts have expressed skepticism that rent-controlled jurisdictions will actually have consistently slower growth in rental prices compared to jurisdictions where rent is not regulated. The data shows that for rent controlled cities, between the years 2008 and 2010, on average, rents increased slightly faster than in unregulated cities. The average rent for cities in the unregulated group for two bedroom apartments increased from $872 to $906 (3.9 percent) between 2008 and 2010. By comparison, the five-city average for rents in rent-controlled jurisdictions increased from $931 to $987 (6 percent) during the same period. |
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![]() Home Buyer's Tax Credits Do More Harm Than GoodHome buyer tax credits have become popular among politicians seeking to win the hearts and votes of young middle class families. Unfortunately, these incentives only serve to push prices higher, making housing less affordable overall. Find out why on today's Frontier Centre commentary. Join us weekly across the prairies for our hard hitting policy commentary broadcast across the Goldenwest Radio Network - Click here for a list of 14 stations and broadcast times. |
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Latest PublicationsProperty Report Should Generate Wider Property Debate— March 23, 2012A landmark public consultation about property rights in Alberta should not end the debate, as the wider issues of why governments expropriate land and how to best protect property need to be explored further. City Hall Take Note: You Can't Fight Suburbia— February 17, 2012Nearly all of Canada's population growth over the past five years occurred in the suburbs, according to a new analysis of the 2011 Census data by an urbanist who says government policies are driving people out of the city - and that isn't necessarily a bad thing. Toronto Bubble Risk Topping New York in Condos— February 13, 2012Canada’s housing market is about 10 percent overvalued, with inflated prices primarily in Vancouver, Montreal and Toronto, King said in a telephone interview. “We would call it a bubble,” she said. Does Rent Control Always Produce Lower Rents?— February 8, 2012Jurisdictions with rent control policies do not always experience slower growth in rent prices than jurisdictions where rent is unregulated. The Great House Price Dilemma— January 27, 2012A global snapshot of housing affordability shows that local governments face a choice about land use regulations and housing affordability. What’s Wrong With Renting Sheds to Poor?— January 27, 2012The fact that a man in Winnipeg faces charges for renting a shed in his backyard should lead us to question how restrictive housing and renting policies are creating the situation. |
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