New Brunswick landlords dispute the need for rent controls

Regulation would make housing shortage worse, say apartment owners

New Brunswick landlords are pushing back against calls for rent controls.
The New Brunswick Apartment Owners Association has written to the premier and MLAs trying to make the case that regulation would not only hurt their industry, it would also exacerbate the problems it’s intended to solve.

“If these politicians are putting forth rent controls we’re going to have a much worse situation,” said Willy Scholten, the association’s president.

“People will stop building and we’ll have more people on the street.”… [Read More]