Toronto Renters Forum

Common Tenant Problems => Rent => Topic started by: KatieS on September 24, 2023, 11:33:41 am

Title: Rents hit All-Time High!
Post by: KatieS on September 24, 2023, 11:33:41 am

There's an article on ctv news saying that rents have hit an all-time high (a fact that would normally be shocking, but loses some of it's bite given that rents have been increasing higher and higher to ever more extreme hights for years!)

Rental prices in Canada increased to their highest in 30 years (https://www.ctvnews.ca/canada/canadian-housing-costs-have-hit-30-year-high-statcan-data-shows-1.6568256)

And here's the data from rentals.ca  September 2023 Rentals.ca Report (https://rentals.ca/national-rent-report)  the avergae rent in Toronto has hit $2620...

Expensive times!

Title: Re: Rents hit All-Time High!
Post by: romank on September 26, 2023, 10:07:02 am
I kinda worry about the "trendicators" south of the border. For example in recent... decades I haven't really spent all that much time at Queen's Park but I remember that it used to be more of a "walk in" sort of thing, everybody was welcome. And then security and pat-downs and so on got ratcheted up. Anyway the last time I was there the Liberal minister of the day replied to an opposition question about the minimum wage by literally saying "oh we have to keep in step with our American partners"!

Downtown L.A. used to be bad but - especially with the synthetic opioids - it's over the top. VERY FEW MENTIONS of this in recent municipal elections.

I recommend DW Gibson's The Edge Become the Center (which was recommended by someone from the Akelius network)

https://play.google.com/store/books/details/DW_Gibson_The_Edge_Becomes_the_Center] (https://play.google.com/store/books/details/DW_Gibson_The_Edge_Becomes_the_Center)