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'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month
(toronto.ctvnews.ca)
this post was submitted on 06 Sep 2023
557 points (97.3% liked)
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Because people need housing to live in, so it's in the interest of the vast majority of people to make sure the few that own property can't increase rent by 100s of % for no good reason. Additionally we live in a democracy so usually the interests of the majority are supposed to guide policy making even if it upsets the minority that control access to resources because they won't profit quite as much as otherwise.
Is there anything holding them back from buying their own property and not having to pay rent?
Yeah they are not rich you asshole.
Didn't know you had to be rich to buy property, my bad
You do in Toronto. Average home is over a million dollars.
Well they can live somewhere else right? You have to pay for convenience, can't have your cake and eat it too.