I live in Waterloo. There's tons of rental housing being built here but all of it is targeted at students. It's third-rate shoddy construction by an unsavoury developer. Students complain endlessly about these rental companies but they have little recourse.

I'm not convinced that what we need is more of this low-quality "affordable" housing. I think the problem would be solved by cracking down on all the people buying second, third, fourth, ... single family homes and converting them into Airbnb flophouses.