Montreal has rent control. The result is that its financially inadvisable to renovate. Part of the rent control is you can raise the rent $31&#x2F;year per $1,000 of renovation. That&#x27;s a 30 YEAR payback. You can be replacing a roof the second time before you&#x27;ve recovered the costs for the first time, even forgetting about inflation and opportunity costs.<p>Other provisions of the rent controls are just as restrictive.<p>The result is rental buildings here are in poor shape, as owners let their buildings degrade and then sell them. Few are being built.<p>Well ... there are more rental voters than landlord voters.