Rumours abound that the City of Edmonton may curtail condo conversions. That would really hurt rental apartment building owners. Prices of all apartments have been pushed up by buyers paying condo conversion prices for standard apartment buildings. Cap rates are as low as 3%. Politicians take heed. Let the free market prevail. We don’t want any unnecessary Government intervention. We don’t want any rent controls. If you tamper with the free market place we will pack up our bags and move to greener pastures. sure times are tough but don’t let a few homeless street people or socialist activists screw up an excellent free market system! Tons of condos are being built and apartment buildings are being converted to condos and guess what…many of them are being bought by investors and are putting them back into the rental pool. The lower priced condo conversions also give the renter a chance to be a proud home owner instead of being priced out of the new condo market.