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.
It wouldn’t, because a landlord proxies tenants’ bidding.
It’s funny, I had some course (or maybe it was after class activity) for one year called don’t remember what in school (2 different things, one kinda economics, one kinda sociology), we’d basically roleplay political systems and economic systems.
It’d give you the correct answer very quickly. Only you need a group of 20+ who are not all friends (like in a class).
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Cost of apartment if landlord would not participate in bidding. For person it would be 10%, not 100%.
It wouldn’t, because a landlord proxies tenants’ bidding.
It’s funny, I had some course (or maybe it was after class activity) for one year called don’t remember what in school (2 different things, one kinda economics, one kinda sociology), we’d basically roleplay political systems and economic systems.
It’d give you the correct answer very quickly. Only you need a group of 20+ who are not all friends (like in a class).