People often think rent control is a magical law that prevents landlords from raising rental prices, but that's not true. Rent control, or rent stabilization, is more complicated than that and differs from place to place.
In this crash course, we discuss what rent control is and how it works.
What does the term rent control mean? How does it work in Ontario? Which buildings are covered under rent control legislation? How often can landlords raise rent on rent controlled properties?
All these questions and more will be answered in this episode of TVO's What Is Explainers.
0:00 - What is Rent Control?
0:20 - How Rent Control Works
0:50 - Rent Control in Canada
1:03 - Ontario's Rent Control Laws and Exceptions
2:23 - Vacancy Decontrol Explained
Produced by Ariana Longley
Twitter: @500DaysofAriana
About What Is Explainers:
TVO Today’s ‘What Is’ explainers are bite size videos providing information to help you better understand the world you live in.
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