Episode 02: Is Rent Control Hurting Housing In BC and Ontario?

Send us Fan MailIn this episode, we dive into the effects of rent control on the housing market in BC and Ontario. With BC capping rent increases at 3% for 2025 and recent rulings allowing a 23.5% hike, we explore whether rent control is solving or worsening the housing crisis. We also look at Argentina’s bold decision to remove rent control and the surprising results.What We Covered:BC Rent Cap of 3% in 2025:What does this mean for landlords and tenants moving forward?Recent 23.5% Rent Increase Ruling:We discuss the reasons behind the ruling and its impact on the rental market.Should We Abolish Rent Control?Arguments against rent control, including its impact on supply, maintenance, and rental costs, and the potential political fallout of removing it.Argentina’s Success Story:After removing rent control, Argentina saw housing supply increase by 212%, rents drop by 26%, and mortgage costs fall by 30%.Key Takeaways:Rent control may worsen housing affordability by reducing supply.Argentina’s removal of rent control shows promising results.Resources Mentioned:BC Rent Cap DetailsGlobal Studies on Rent ControlArgentina's Rent Control ReformFollow Our Hosts Alex Pang Alex Shanks