Two sisters were shocked when a Toronto landlord raised their rent by $7,000 per month.
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.
“We 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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How many tenants do you know wish they could buy vs needed to rent because they won’t stay long?
Like, all of them?
Sure bud
Most of my tenants wish they could buy. I always tell them they should just work harder and get good at capitalism.