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Rental units quadruple in Canada’s hottest market

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Canadian Realestate Magazine | 25 Nov 2015, 08:15 AM Agree 0
Rental units have soared in Canada’s leading housing market, but many say affordability hasn’t improved
  • Jon | 01 Dec 2015, 09:04 AM Agree 0
    This is a common story. The toronto star occassionally runs an article on new rental apts being built. The article sounds promising for tenants ; a modern apt building with "affordable" rents.

    But at the end of the article, an example of the rent is given...........its NOT affordable for most.

    Ontario has punishing rental laws for landlords, combine this with very high property prices and developers arent going to be excited about building truely affordable just doesnt make sense financially.
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