As a homeowner with rental units, anytime we rent one of our units our rent per month is much below the rent for corporate owned properties. Not all landlords are demons. I believe a landlord that lives in the city and provides a good place to rent is far better than a big company renting units.
I think we need both. An institutionally-owned purpose-built rental building will typically provide greater security for renters, but at higher rents. A condo or secondary suite owned by an individual owner and rented out will typically be at a lower rent, but with less security.
As a homeowner with rental units, anytime we rent one of our units our rent per month is much below the rent for corporate owned properties. Not all landlords are demons. I believe a landlord that lives in the city and provides a good place to rent is far better than a big company renting units.
I think we need both. An institutionally-owned purpose-built rental building will typically provide greater security for renters, but at higher rents. A condo or secondary suite owned by an individual owner and rented out will typically be at a lower rent, but with less security.