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Topics - Andy

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16
Rent / CTV News: Average rental prices were across the GTA in July
« on: August 25, 2022, 03:41:33 pm »
From CTVNews...

Here's how much average rental prices were across the GTA in July

https://toronto.ctvnews.ca/here-s-how-much-average-rental-prices-were-across-the-gta-in-july-1.6042318

Quote
Average studio rents in the GTA were $1,712 in July, a 14 per cent annual increase, while one-bedroom rents cost $2,043, a more than 15 per cent increase from July 2021.

Two-bedroom rents cost an average of $2,708 in the GTA last month (a 19 per cent year-over-year increase), and four-bedroom rents saw a modest three per cent annual rise at $3,542 in July.

17
From CTVNews...

This is how much the average rent in Ontario rose in July

https://toronto.ctvnews.ca/this-is-how-much-the-average-rent-in-ontario-rose-in-july-1.6026749

Quote
Overall, the average rent in central Toronto rose 24 per cent year-over-year in July.

For a one-bedroom unit, rent sat at $2,257 in July, marking a 21.6 per cent year-over-year increase in Toronto.

For a two-bedroom apartment, that increase climbed 25 per cent to $3,259.

The month-over-month average rent in the city saw a four per cent increase for a one-bedroom and 7.8 per cent for a two-bedroom.

18

https://toronto.ctvnews.ca/rent-prices-in-toronto-rise-by-fastest-pace-on-record-1.5993682

"The average cost for a one-bedroom unit was $2,182 per month in the second quarter, while two-bedroom units were rented out at an average cost of $2,862 per month and three-bedroom units were rented out for $3,740 a month, on average."


19

Toronto's top housing official is calling for an end to landlords raising rents between tenants

Quote
“People in Ontario are smack in the middle of a housing crisis, and Doug Ford’s insistence on allowing landlords to hike the rent unchecked between tenants is a major contributor to driving up market rental prices,” she said in a statement on Tuesday.

https://toronto.ctvnews.ca/toronto-s-top-housing-official-is-calling-for-an-end-to-landlords-raising-rents-between-tenants-1.5993275


21

The Ottawa Sun has an article about concerns that U.S. investment giant Blackstone's expansion into Canadian real estate is not good...

https://ottawasun.com/moneywise-pro/u-s-investment-giant-blackstones-expansion-into-canadian-real-estate-raises-concerns

(This article also mentions Akelius, the multinational housing corporation recently called-out by the United Nations for abusing the human rights of it's tenants here in Canada.)

22
Evictions / The City of Toronto’s Eviction Prevention Handbook
« on: April 01, 2022, 10:17:51 am »

The City of Toronto has just released their Tenant Eviction Prevention Toolkit, titled  "Here’s what you need to know if your landlord is trying to evict you".

It is available from the City's website here: Eviction Prevention Handbook

It is also available in:
Tamil
Tagalog
Simplified Chinese
Traditional Chinese

More information is available here Eviction Prevention Handbook

23
So often the mainstream media is obsessively focused on the rare incidents of bad tenants.  I wish that they would provide more representative coverage, with more stories like this:

An Edmonton couple’s story of renting and loving it: ‘Our whole life is freedom’

https://www.theglobeandmail.com/investing/personal-finance/article-an-edmonton-couples-story-of-renting-and-loving-it-our-whole-life-is/


24
Housing Affordability / Bloomberg... Global Housing Market Is Broken
« on: September 29, 2021, 08:08:43 am »

Housing Affordability is a Global Problem!  Here's a good article that everyone should read:

https://www.bloomberg.com/news/features/2021-09-19/global-housing-markets-are-hurting-and-it-s-getting-political



25
Above Guideline Rent Increases / how many agi's per year?
« on: September 08, 2021, 10:25:47 am »
I'm working on a school project, does anyone know whether there is any official data about how many above guidelines there are in a year?

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