Canadian mega landlord using AI ‘pricing scheme’ as it massively hikes rents

https://breachmedia.ca/canadian-mega-landlord-ai-pricing-scheme-hikes-rents/

cross-posted from: https://lemmy.ca/post/28449417

Canadian mega landlord using AI ‘pricing scheme’ as it massively hikes rents

160 points · 10 comments · view on lemmy.world

10 Comments

bzarb8ni@lemm.ee · 30 pts · 1y (1 reply)

The provincial maximum on rent-controlled apartments last year was 2.5 per cent, but Sharpe’s building has no limit because Ontario Premier Doug Ford removed controls on any rental units built or occupied after November, 2018.

Yet another thing that our Conservative Premier here in Ontario has done, yet the public is still going to blame the federal government.

shasta@lemm.ee · 4 pts · 1y

That's a shitty move, but people should still request that rent control be a federal law rather than a provincial regulation.

ZDL@ttrpg.network · 12 pts · 1y (2 replies)
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SatansMaggotyCumFart@lemmy.world · 12 pts · 1y (1 reply)

I had to sell my guillotine so I could afford rent.

ZDL@ttrpg.network · 10 pts · 1y
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TheMightyCanuck@sh.itjust.works · 8 pts · 1y (3 replies)

The Canadian conservatives are systematically destroying this country.

Alberta is already headed down the toilet, Ontario is following close behind...

steel_nomad@lemmy.world · -5 pts · 1y (2 replies)

Source? In exactly what way is Alberta "heading down the toilet"? Because I just seen a news piece the other day that said there is record movement from every province into Alberta specifically.

DiabolicalBird@lemmy.ca · 8 pts · 1y (1 reply)

A few things spring to mind as someone who lives in Alberta:

Alberta is looking at transferring control of some of our hospitals to the catholics (Covenant Health has a former premier and the former health minister on the board of directors, hmm) for a start. UCP has also been eyeballing getting Alberta to leave the CPP.

Can't speak for other cities, but Calgary has been turning into a shit hole for years now. Homeless people and drug addicts are all over the place lately. Rents are spiking just like everywhere else.

Personal anecdote, the last time I had to take transit there was still blood on the wall of the station where a guy had been stabbed a few weeks prior. 2023 was a nasty year for transit stabbings.

steel_nomad@lemmy.world · -4 pts · 1y

Yeah, the Calgary mayor was selected, not elected, and is a DEI insane wacko. So, once she is gone maybe things just might look up a bit. I agree.

2pt_perversion@lemmy.world · 7 pts · 1y (2 replies)
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Noodle07@lemmy.world · 1 pts · 1y (1 reply)

Economists? Or right wing economists?

2pt_perversion@lemmy.world · 1 pts · 1y
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SatansMaggotyCumFart@lemmy.world · 2 pts · 1y

Edit: Replied in wrong spot.

franklin@lemmy.world · 0 pts · 1y

It's because of money men like these that I think the guillotine may need to make a comeback.