That’s an obfuscation of the point. The conflict of interest is that they directly make money from their property - landlords rigging prices and buying all the property are the problem, and they’re also the ones making laws to regulate themselves.
The conflict of interest is that they directly make money from their property
Just like everyone else.
If people weren’t concerned about the money they directly make from their property, why aren’t they moving to said places in Newfoundland where profit cannot be made? Housing crisis averted!
Trouble is, the profit a house generates is a strong motivator – maybe even a necessity. That’s why they are not moving to Newfoundland.
The Newfoundland market has exploded since 2020. Sale and rental prices have increased. Rental demand is outpacing supply.
So yes, profit can be made in Newfoundland where, according to a CBC anecdote, a landlord in Paradise, NL recieved and impassioned please from a family of 8 to rent a 2 bedroom appartement and was offered over rent in cash sight unseen to secure a rental. (22 June 2022).
Glad to hear that Newfoundland has become profitable. That means we can all move there now. Housing crisis averted!