That's exactly right. Thank you for that.
There is a lack of transparency. The research of Martine August has been painstakingly done to try to track down who the owners are of a lot of these purpose-built rentals, because there is a lack of transparency. What she's able to report on is, we suspect, the tip of the iceberg. We're also hearing about private financialized landlords who sell each other properties in order to artificially inflate property values and then use that value to acquire more assets.
When you're a tenant in these buildings, you don't know who your landlord is. They're changing all the time, so there's no one to hold to account and no one to complain about. We know a lot of people own properties in Canada—individuals—but the scale of the financialization means there is no one landlord to talk to. There is no one to hold to account.
This makes a huge difference in that transaction—in the quality of housing, in the deterioration of the state of housing and, of course, in the evictions themselves.