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Anyone leaving a low rent apartment? (self.toronto)

submitted 1 year ago* (last edited 1 year ago) by better_than_nothin to c/[email protected]

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I'm in the process of trying to find an apartment and the prices are amazing (if you're not the tenant).

However, when talking with my neighbors I found the egregious differences between our rent because they've lived here for a good amount of time.

So is there anyone thinking of leaving their two apartment or townhouse or house downtown and wouldn't mind giving it to a stranger on the internet?

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[–] [email protected] 7 points 1 year ago (1 children)

I don't mean to be too discouraging, but rent prices aren't usually transferable between tenants in my experience (just 5-10 years renting in TO). New tenants usually equal new going-rate rent price for the same apartment :/

[–] [email protected] 4 points 1 year ago (1 children)

Yeah you'd have to find someone willing to sublet, and it's illegal to sublet for more than you pay, so they'd have no incentive to do that, and lots of risk.

[–] better_than_nothin 0 points 1 year ago* (last edited 1 year ago)

You're right, but I'd rather have a tenat act as a landlord than a landlord act as a landlord.

(Also I just thought this was funny)