I think you've pointed out one of the central dilemmas of how the rental housing market operates in the context of what we call the financialization of housing.
If you have a rent control system in place but not a vacancy control system, then what you've created in the housing system is a built-in incentive to displace tenants. That's what happens when real estate investment trusts or other institutional investors buy up purpose-built rental properties. The only way to deliver returns to the investors in those properties is to displace tenants and increase rents.
That was the primary motivation behind the rental protection fund: to get to those properties, move them out of the private sector into the community housing sector and preserve security of tenure and affordability over the long term. We see it working here. We see it working in the city of Montreal. There are some very encouraging precedents across the country, and we need to do more about it.