647
'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month
(toronto.ctvnews.ca)
this post was submitted on 06 Sep 2023
647 points (97.0% liked)
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I kind of don't understand everyone's hate on landlords. My landlord increased my rent from $450 to $640 this year, but that's market rate and I'd have to pay the same or more if I tried to find another one, so I'm not even mad. When COVID hit a couple years ago and immigration stopped happening he dropped my rental from $600 to $400 so it works the other way as well.
It is just supply and demand and I don't see how it is any different to any other market.
Housing is a fucking right, not a fucking investment utility.
Sounds like a good landlord, I haven't had many issues with mine, though she did raise it recently from 400 to around 550. Never heard of any dropping it though.