Action Against Luxury MTL Real Estate Agency
July 1st is moving day in Montreal. It’s always chaotic, but with the threat of Bill 31 rent reforms the situation may become far worse.
We are told there is a housing crisis, a term used to avoid naming those responsible. Why is housing scarce, unsafe, expensive, and precarious in Montreal?
Greedy landlords who renovict, charge damage deposits and “finder’s fees” to maximise profits.
To avoid rental laws and increase profit landlords convert housing into short-term rentals (e.g. Airbnb). This caused several deaths in the spring.
New housing is built for investors, not residents. While low-income housing is “impossible”, dozens of towers with luxury housing are built, units sold to investors just to sit empty and appreciate in value.
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