this post was submitted on 06 Sep 2023
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'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month (toronto.ctvnews.ca)
submitted 1 year ago by girlfreddy@lemmy.ca to c/canada@lemmy.ca
11 comments fedilink hide all child comments
 

The landlord had told them he wanted to raise the rent to $3,500 and when they complained he decided to raise it to $9,500.

โ€œWe know that our building is not rent controlled and this was something we were always worried about happening and there is no way we can afford $9,500 per month," Yumna Farooq said.

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[โ€“] nueonetwo@lemmy.ca 1 points 1 year ago

When people trying to purchase their first home are outbid constantly by investors (corporate or not) who later try to rent out that same space at more than the first time buyer would be paying on their mortgage then no, you daft idiot, they are not providing a service.

This whole lAnDlOrDs ArE oUr FrIeNd shtick makes you look pathetic.