Friday, November 20, 2009

"Rent Controls in Ontario"

I found the articles informative. The history of "rent control" was interesting. In my opinion rent controls help tenants in certain aspects. We do need to have certain guidelines, regulations and procedures in place to protect the tenants and landlords. The regulations that have been put in place are not perfect and problems, as we are aware of exist. Horrendous problems have been documented in the media. I do not believe that we will ever have a firm grip on the problems that occur; slum landlords, unliveable rental properties, undercutting maintenance problems...but at least there are avenues to pursue certain compensation. As with the landlord website to look up so called "bad tenants", there should be a website for so called "bad landlords". Individual companies that have invested money in many rental properties are the ones that are profiting from the renters. After observing at the Landlord and Tenant Tribunal a few times; the key problem was communication whether verbal or written, an understanding of a lease and the components that make up the lease, the committment of a lease, from both sides; tenant and landlord. Any changes in a lease agreement should be justified. Rental increases need to be controlled. After reading the articles I have a better perspective of understanding the larger concerns of renting in Ontario, we are slowing changing, certainly not by leaps and bounds to address each issue such as vacancy decontrol, more income supplements but at least the problems are being looked at.