Bear in mind: I'm biased against short-sighted policies.
I'd lump rent control in the class of policies that is extremely short-sighted and lazy, and maybe even—cynically speaking—self-aggrandizing to make politicians look good to hide the fact that they're probably secretly supporting housing speculation.
Rent control should have been a policy that is no different than price control (or even rationing under martial law) to curb price gouging; it's an emergency act that is passed in unexpected events, e.g. population spikes.
This is why I'm concerned about Ravi Kahlon, who seemed to have a rather antagonistic attitude towards landlords.
Don't get me wrong, I'm subscribed to the ironically-named /r/landlordlove subreddit; there are hordes of shady landlords, and I am always glad to see tenants fight back, but outright antagonism against all landlords just makes landlording (and thus boosting rental supply) an unattractive profession.
I hope Linda Hepner keeps him accountable.
#BCHousing #BCPoli #CanPoli