ICYMI - Peter Shawn Taylor: No, Ottawa, Marxism won’t solve Canada’s rental housing crisis — via fpcomment
In addition to building much-needed new units, corporate real estate firms have been pouring money into fixing up the buildings they already own. Improvements of this sort ought to be considered a great advantage, since they keep the nation’s housing stock in good repair. Yet activists repeatedly criticize the process as “renoviction,” since newly improved suites typically come with higher rents.
Consider Toronto’s Swansea Mews, a 114-unit housing complex owned by Toronto Community Housing that was abruptly closed this summer because its concrete roof collapsed.
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