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How do we solve the rental market in Calgary & Canada?

The federal and provincial governments are trying to increase low-cost house rental builds. Which is good but takes years to implement. But what can we do right now? How do we increase rental inventory so rents stabilize, and Canadians (and newcomers) can easy find and rent a place to live. Its not as difficult to do as everyone is making out.

Ways to stabilize Canadian rental market, increase inventory and allow people to find a place to rent that they can afford:

1) Federal government to remove rental income for families with a principal residence that want to rent out part of their house/property. In other words, the income is not taxed. This would increase dramatically the rental units available in each city. 

2) Federal and provincial governments to provide grants (say $15,000) to assist with converting rental suits (in principal residence) to legal suits.

3) For the small landlord reduce rental income tax. This would increase dramatically the rental units available in each city. And provide grants to convert properties into legal rental units.


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Calgary Luxury Home with Golf Course! $13,950,000
Listed at : $13,950,000. One of the most prestigious residential luxury properties in Alberta right now, with a golf course. Just 25 minutes to downtown Calgary. With 19.2 acres of land in Bearspaw. Very close to city limits with good access to the airport, etc. Just 10 min drive from Watermark.
An ideal investment for the right buyer. Listed by CIR Realty. Call Geoff Antrum at 403 608 5682, REALTOR® at CIR Realty, who lives in Watermark for an appointment, or have questions. (ps buyers have to be qualified for a purchase of this size)
https://searchcalgaryhomes.ca/.../listing.a2051257-24314...
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