This sounds like a knee jerk reaction by the City (with an eye to a new revenue stream and a little more control). As others have noted, a more comprehensive review and complete package of what this inspection/registration process would entail is needed. I am sure many landlords are facing inflationary costs and increased taxes and trying to pass that along. These are investment properties by an large. The most reliable way to reduce rent costs is to expand the pool of available rentals. Providing tax breaks or other incentives for landlords to increase the "missing middle" range of rentals would probably be more effective then adding a new layer of bureaucracy to the rental landscape.
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