this post was submitted on 06 Sep 2023
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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 girlfreddy@lemmy.ca to c/canada@lemmy.ca
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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.

โ€œWe 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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[โ€“] vivadanang@lemm.ee 5 points 1 year ago

It's disgusting that we have to deal with this kind of shit in CA or the US. Even worse are the ghouls conspiring to jack up rates for renters by purchasing large amounts of housing then jacking up rates in coordinated manners. https://arstechnica.com/tech-policy/2022/10/company-that-makes-rent-setting-software-for-landlords-sued-for-collusion/?comments=1&comments-page=1

This shit should be so illegal.