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Many real estate investors in North America don’t have to worry about rent controls. The majority of areas in Canada and the U.S. are not restricted with rent controls, but somehow we have managed to buy all of our properties in rent controlled areas.
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Just like The Joker is to Batman or Dr. Evil is to Austin Powers, Rent Control is the enemy to a Landlord. I know the claims of many renters and government representatives: “Without rent control, people couldn’t afford to rent!” I ask, what happened to the basics of economics – the law of supply and demand?
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