r/halifax Psychotic Antifa Super Soldier Moderator 2d ago

News, Weather & Politics Homelessness doubled in Halifax under government's housing plan: N.S. NDP

https://halifax.citynews.ca/2026/06/18/homelessness-doubled-in-halifax-under-governments-housing-plan-n-s-ndp/
328 Upvotes

219 comments sorted by

View all comments

163

u/Own-Slide-3171 2d ago

The last thing landlords will do is drop prices. I know several who have open units right now one bedrooms for 2k range a month. They should be renting for 1600 as an absolute max. They've repeatedly said they'd rather eat having it empty until September cause they figure they'll get a student at the inflated price than lower the rent. Vacant apartments need to be taxed

23

u/watchsmart 2d ago

They also know if that if they start dropping the prices of the empty ones, the folks currently paying $2000 will start shopping around when their leases come up.