Montreal desperately needs to restore some of its affordability.<\/p>\n
For years, average rents in the city have\u00a0increased\u00a0exponentially faster than wages, with landlords bypassing regulation with renoviction schemes and other legal loopholes. Average rents in the province have increased<\/a> by roughly $1,800 per year since 2023. Asking rents in Montreal have doubled<\/a> since 2019.<\/p>\n The City of Montreal and CAQ government have failed to effectively monitor the rent-to-income ratio and ignored their regulatory responsibilities that could have prevented the crisis we\u2019re in now.<\/p>\n The city needs to implement an immediate rent freeze in and push through regulation to protect Montreal tenants from the current \u2018inflationary spiral\u2019<\/a> in rent increases. Mayor Soraya Martinez Ferrada must make housing affordability her top priority.<\/p>\n It\u2019s not acceptable for the Quebec housing tribunal to continue recommending significant rent hikes<\/a> when Montrealers are already stretched too thin. Tenants deserve some relief, and measures should be taken to prevent future abusive rent increases.<\/p>\n Essentials like housing need better protection from institutional greed.<\/p>\n Montreal needs an immediate a rent freeze<\/p>\n