I hadn’t really understood the role of industry associations like AREA. However, when my charter rights were threatened by RECA, I found that AREA was there to defend me by providing moral support and legal advice.
The new law passed by Doug Ford stating that landlords cannot evict tenants who don’t pay rent and/or who cause damage to the landlord’s investment is a grossly unjust, unprecedented and highly prejudicial law.
I have previously spoken to the paradox that interest rate cuts, made in response to economic weakness, can bolster housing markets. Many of our major cities are enduring structurally persistent housing shortages.
If this country would start a universal basic income there wouldn’t be the need for everyone to crowd into our two or three high-priced cities where all the jobs are and be enabled to move to lower cost rural areas as well.
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.