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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 [email protected] to c/[email protected]

319 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.

“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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[–] [email protected] 162 points 1 year ago (2 children)

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.

[+] Dkarma -8 points 1 year ago (1 children)

News flash dude. Way before all this increase when rates were low and there were tons of houses on the market I was trying to buy a first home and was outbid constantly by realtors who had more money and connections. It has never had anything to do with landlords per se.

If you dont think landlords are providing a service then you're the idiot. No one is making you rent from anyone. I joined thought it was worth the space for the money no one would pay it.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

News flash dude, it was wrong then and it's wrong now, period.

If you think for profit renting is superior and less predatory to public housing, a successful model used in countries all over the world, and used to be successful in this country before the Conservatives and Liberals killed it in the 80/90s, then you're an idiot.

No one is saying the empty nester with the basement suite charging an affordable price for the unit is in the wrong. The one's that are in the wrong are the corporations and individuals who are buying up properties for their own personal gain at the sake of those around them who did nothing wrong other than being unlucky wth market timing. The ones in the wrong are the politicians who have lied to their voters into believing that for profit corporations are the solution to public services like housing, healthcare, and transportation, and the voters who have buried their heads in the sand and refused to listen to reason because they are scared of admitting they may not be right 100% of the time and would rather watch the world burn than change.

If you can't understand this then again, you're a fucking idiot.

[–] Dkarma -1 points 1 year ago

I never said any of the things you claim I said...lmfao. who are u arguing against cuz I didn't make any of the points u claim I did.

I never said anything close to what you assert in your first paragraph.

This is called a strawman. And you really beat him up...lol.