How did renting in Toronto get so bad? 

Sometimes one needs to make a move to a smaller community/town to achieve your goals. City life appears to be very expense. Northern Ontario smaller towns and cities are in need of qualified people in all walks of life, housing is much cheaper and affordable, life isn’t at a fast past, you get to enjoy nature and have healthier life style. A lot of people from big southern cities came and settled in our smaller communities such as Timmins and Cochrane. A 30 yr old home sells in the $300-$400K price range or one can buy a fixer upper for cheaper. One needs to decide wether to keep driving the Mercedes and have no investment and keep paying parking space at ridiculous prices or drive the caravan (still gets you where you want), pay no parking space while having affordable housing and being able to invest in a home. Wages are very comparable in the north as in the south of Ontario. Something to think about and consider. We also have housing shortage here but rents are much cheaper. A two bedroom apartment can vary between $1200 -$1600. The cost savings alone in rent for 4-5 years will give you a good down payment $1k/mth x 60 mths = $60k. That is 15% down payment on a $400k home. Something to consider?

Didnt own a house till 37, took mortages out due to x's etc. Now the house cost what a room does. If I sell and move, its a lateral move unless I move to Manitoba etc. The only people that are winning is the Real Estate Complex. Sorta like the US's MIC, Canada loots housing. With a name like that you should think about moving back to your parents homeland as they respect their citizens. Did you hear that interview with Tucker and Poland's FM? By the time you hit 50, Poland and Hungary will be the last refuge. Im 60, so its too late for me even to buy a tiny house there for investment.

Canada is more than Ontario .... i understand people in Ontario are closed minded and unilingual

You voted for this smh 😂

I used to "quote" liberals and teachers about 20% more that would pay my property taxes then some. However the last couple years no one will even admit they voted for Justin, so again he cost me money. Only 5.5 million people voted for Justin, less than voted for the Conservatives. @@johnsweeney2906

Probably still living with her friend, sharing the apartment's expenses (rent, electricity, food, etc.) Only way to survive in Toronto!!!

Rent problem is especially a economic and financial problem, her report is from social angle. She found a problem, but perhaps not asking the right person of the right questions.

@@ericshang7744 The renters created this problem and expect it to be resolved at the landlords' cost.

I think you're correct, I'd forgotten about that.

CBC has some great reporters and reporting. I'm hoping the "defund the CBC" rhetoric you see online is just a loud minority. It'd be a shame to see it go.

But Thailand doesn't have mass immigration.

Thailand's population is over 71.8 million, while Canada's population is just 40 million, with an additional 2 million temporary residents. Do you still think that immigration is the reason for the housing crisis?@@shauncameron8390

@@shauncameron8390 poor excuse when Canada has much more land. Most of Toronto suburbs are just empty

@@shaw7598 Yet most of it's uninhabitable and the vast majority of the population live near the US border.

​​​@@shauncameron8390this is a dumb answer. Thailand's population has increased as much as Canada's in the past 20 years, even without mass immigration. This even puts Thailand at a disadvantage because it means that most of the new people were babies who could not support the economy, here they are mostly qualified workers or students who actually have money to spend and can work jobs

Those were the good old days of basement renting. Even as late as 2001 or so, I had friend that was renting a basement in the beaches for around $600. Now, you're lucky to get a *room* in a basement for that much.

@@BlueTorontohubby and I first place was a rental at $700 bucks 2002. We had so much money, vacation car. Things were so affordable. It is just crazy today the cost of living. We make triple than what we made before and yet can’t do half the things we did before. You can only cut back for so long. People should be able to enjoy their life.

@@sg5720 I completely agree. It's crazy expensive to live in Canada. Rents keep going up and up, regular increases on top on above guideline increases and it all compounds.

Mind you tho, salaries fresh out of uni are not that great these days either. As a computer science grad, you'll most likely make around 60k fresh out unless you were lucky enough to get a job in FANNG. So salaries barely doubled, but rent went up way over double... And that's just rent. For the LOVE OF GOD DONT INCLUDE THE COST OF LIVING TOO

Well, why did so many easterners keep voting Liberal ?

Dude just move out of toronto. The freaking bar scene or club scene aint worth that much. If there is going to ve demand for places to live in downtown there will be people makibg money off that

@@gsin311 Just like there are people willing and able to pay a premium to live Downtown.

So I heard we need 5 million units immediately to stabilize rental prices. Tiny houses? High rise office bunks? Two stories on the prairies? Either way we need a great deal of leadership. So... I say we build it and rebuild it.

That's exactly what the corrupt government (who are made up of mostly landlords and real estate investors) wants. Why do you think they're so deadset on turning Canada into Little India? They want impoverished people living on top of each other and paying exorbitant prices.

Many of those immigrants you mentioned are working building homes, they’re nurses. Doctors. Scientists. Or do you want to take on all those jobs yourself? I help people with English who immigrated to Canada with those jobs. It is not solely on immigrants. This problem has built up over the last 30 years.

Is it due to Torontonians moving in?

@@shauncameron8390 Yes. And half of India

this is an issue from Toronto to Tijuana.

Corporate ownership is the result of government making housing too costly to build and own with corporations being among the only entities that can afford to.

Corporate investment in real estate provides housing for many people who would otherwise have none. Blame your government for expensive housing, not the ones bankrolling the construction industry to keep up with the demand. Without corporate ownership, a lot of the housing we have today wouldn't even exist. The money has to come from somewhere. People don't build housing for free.

Sure and you should pay what 100.00 a month

Regulation is needed. No multinational/foreign ownership should be allowed either.

@@jvssocialmedia2459 No. Regulation enabled corporate ownership.

Well when you think of it, 50-60 years ago many people would have stayed in buildings short term, and moved in to a single family home because it was do-able. Now people can't afford rent, let alone a home. I'm also kind of curious about how many of the current buildings and rental properties sit with vacant units, because large corporate landlords refuse to drop the rent? Yes, we need more buildings, but we need to make sure every single unit currently available is being filled.

We did in LA as a family as well: had a cash flow business and buiilt affordable with ZERO govt. interest other than getting their taxes and permit fees.

If you live with your parents, that means you are not an adult. Adults pay rent. That is what adults do. This is according to Judge Judy.

True, rents are insane. I have 2 adult kids that still live at home(20-26 yrs). They would love to move out and be more independent but even if they could find a rental equivalent to what they have now, their rent would be so high, they wouldn't be able to afford food. If they found a decent place, so many people are applying.

I lived in my parents' basement until age 30 in Toronto, when I finally left the city to pursue work elsewhere. It was the only way I was ever going to get anywhere in life. That was 6 years ago now. Best decision I ever made.

I'm still with my parents at 26. Finally moving out, but to a western European country 😂, it's wayyy too expensive for what we get here

You can live in Essex county and work in the States. They give great sign up bonuses and better pay.

The problem is is everyone is a coward I this country no one fights back that's why they keep screwing us over because everyone let's them. Just like your running away instead of fighting back. I'm also pretty sure her and people like her voted for the people taking our money.

Good

I'm about to be in a tent because of these rent prices. Please don't act like everyone who is homeless is a nuisance or scum. Our government did this to us.

go ahead, leave instead of trying to make things better. people like you are how we got here in the first place.

@@rileyr03 The only way to "make things better" is to have less people. Population equals 3rd world problems.

so what about all the Canadians owning property in the US as well as Chinese Saudis Etc. The problem lies in companies staying in Toronto if they packed up and moved to a cheaper area their staff would be better off. Look at Walmart's head office in the US one of the cheapest cities to live. People could also live anywhere in Canada Saskatchewan is still very affordable and Saskatoon is an incredible place to live. If you choose to live in Toronto you are part of the problem as well and need to think about if you could be better off somewhere else. I lived in Toronto for almost 2 years and as soon as that job ended we packed up and got the hell out.

This is already the case currently. They have been cracking down on foreign investment since 2018 foreign tax. Currently we are in a 2 year foreign buyer ban, so no purchaser can acquire real estate unless they have a PR, a Citizenship or a work permit with over 181 days on it.

​@@nikak4444loopholes..ever heard of them?

Look up statistics by Statistics Canada. Most of these units are not owned by Chinese people, they are owned by locals, only like 1/5th of investment units are owned by foreigners. This is pretty evident in Toronto, at my local real estate analysis company, the 5 people at the top own 19 properties in Toronto alone, I can imagine that they own more outside of the city as well. My sister's fiancé's family of 4 also owns 11 properties combined throughout the GTA

@@MegaJellyNelly Foreign investment or foreign investment subsidiaries or local investment companies are who these new properties are for. Maybe I'm wrong and people who make 100,000+ are wasting their future earnings on an inflated, speculative asset but this is usually something that companies invest into for a variety of reasons.

And how much did this landlord pay in renovations ? Maybe it warranted the rent increase. Housing prices increased dramatically, interest rates almost doubled as well as building material, ……. Landlords cannot let the buildings deteriorate and whatever investment that is made to the building must be recoverable.

That actually is not legal and the tenants can sue to get a full year of rent back.

Kicking people out to renovate and rent at a higher price is illegal. Renoviction. If someone is already leaving, you renovate and increase price to market value, that is totally fair. @@raymondgagne8363

@@allistairtrent not for rentals after 2018 iirc. thank ford for that

@@Darkorbitagi go read section 53 of the residential tenancies act. It specifically describes how a tenant has the right of first refusal to reoccupy a renovated unit at a cost no more than legally possible had the occupancy not been interrupted. It does not seem to specify for units rented only before 2018. Though, it does specify that the tenant needs to submit a rofr notice in writing prior to vacating the unit... Which is probably how landlords are getting around this, because tenants are probably unaware of their right for first refusal. See 53(2).

It's amazing the price increase - completely untethered from anything. The same landlord who was making a good return at $1400 per month is now getting $2400 with no increased costs or investment in the unit. It is just a huge flow of wealth from the lower classes to a lucky few landlords.

@@vmoses1979 Why should prices be tethered to anything? All prices should be determined by supply and demand. Whatever you are WILLING to pay.

@@lesliewilk2307 You are not very bright. People are generally willing to pay whatever it takes for a roof over their heads which means being a landlord is not the same as a diner selling hamburgers. See what Adam Smith had to say about rentiers and how their power and wealth ought to be severely restricted.

@@vmoses1979 NYC has very restrictive rules about what landlords can do and even charge for many units. You know what that causes? Forever vacancies where the landowner sits on the property and never fixes anything, willing to let the entire place fall apart but keeping it because it raises their asset portfolios. Everywhere they've tried to governmentally plan housing, it ends up terrible. From Detroit's plan that started in the 1970s to San Francisco's current zoning rules. You know where the cities in the US with the lowest rent rates are? Cities like Houston that have no zoning rules, no rent price ceilings, and no "affordable rent units" that are always abused. I can rent an apartment 10 minutes away from the downtown core in Houston for the equivalent of $1000 Canadian. Both Houston and Toronto + GTA have the same population right now. Central planners screw over everything. They are incapable of meting out market forces. Tuition subsidization in Canada is tethered and it hasn't stopped tuition from rising over double in just 10 years because there are other factors they stupidly did not consider (ie. the bloating of the administrative staff in each academic institution).

​@@lesliewilk2307because there are some things that are absolutely basic needs, like housing and Healthcare. You can't tether that to free market principles because people do not have a choice. And greater wealth gaps will end up hurting society as a whole, no one is immune

Oh dear. You sure were. It costs no less and it’s such a garbage city.

Yeah what about allowing people to buy an affordable place.

I owned a couple of dozen places in Edmonton, Alberta throughout the decades. I wished at the time they had rent controls to protect the owners from falling rents.

You forgot to mention homeowner greed. Home owners should not support policies that encourage increased property prices beyond general inflation.

@@dougpatterson7494 Homeowners make up 66% of Canada's population.

You do know that apartment renters pay way more property tax per square foot than homeowners right? It’s included in their rent.

No foreign investors = stagnant economy.

@@shauncameron8390 And yet here we are in a stagnant economy. But with unaffordable housing too. We're bringing in immigrants with no economic value, but they still need to live somewhere so they compete with us on the housing market while we don't have enough construction workers to be anything close to be able to keep up with the demand. Great planning by our leaders.

Yes, the government and the CBC promote ideologies and ideas that are against the best interest of Canadian citizens

​​@@shauncameron8390bad long term investment , Hungry(doing better than Canada)won't allow foreigners buy properties, Mexico you can , but foreigners get taxed very high.

and the insane reckless government spending..the country is broke. its going to get real bad

HVAC is HUGE coin: you should be 100 grand a year easy at your age, then add 60 at least for nursing. = 160,000 easy /peasy.

They already did that. But one problem, though. Foreign students and refugees are exempt.

​@@shauncameron8390yeah because foreign students and refugees have money to buy a property loool

They stopped foreign investment, but most of the investment is coming from locals, that's the issue. Only 20% of invesrment units are owned by foreigners according to StatsCan

How about stop the Bank of Canada and the Big 5 from jacking interest rates, peaking the interest of outside money to come into Canada and scoop houses with "kash", then wait two/three years later when interest rates FINALLY fall, drving up their 150,000 purchase into 450,000?? How about THAT?

And then there's the government itself with its bloated bureaucracy and the high taxes necessary to support it.

None of the problems you listed deal directly with supply and demand of housing (and why wages aren't comparative to NYC). Every major city in a country that has expanded its immigration quotas is having this problem. The cost of London has also shot up, same as Toronto. Simply put, the federal government (in both countries) have established the highest rates of migration ever, with increases per annum for the past decade. It's quicker and easier to rubberstamp 500 visa application than it is to build 1 single condo. That, along with the wage stagnation that brings (since it's an immediate increase in demand for jobs, with no natural, equivalent reaction in supply) spells out why Toronto's rent and housing issues will persist. The current government in 2015 laid out a plan to build more affordable housing. That's 8 years ago and things have only gotten worse because none of their scheme addresses the problem. Sure, they built some extra housing, but the term "affordable housing" is non-sense for Toronto and the GTA since the market will dictate if a simple bungalow costs $1 million or not. And at what cost? The government subsidized some of that by printing money... which created inflation for everyone.

​@CanadianEhHole I think they are very much at the root of our immigration strategy, which of course impacts housing affordability. The oligopolistic nature of Canada’s economy makes for very little r&d / innovation investment, and means we are very unproductive comparatively. "Canada ranks 17th of OECD countries regarding the percentage of GDP spent on R&D and among the lowest of G7 peers." And, there are generally speaking two ways to grow an economy - get more productive, or get more workers. If we were more productive, we wouldn't need to rely as much on immigration. From the CPA of Canada: "That structural decline shows no sign of stopping. Baby Boomers, who account for about one-quarter of our labour force today, will retire en masse over the next 15 years, and there are simply not enough young people to take their place. In a previous column, I noted that the old-age dependency ratio-the size of the 65-plus population relative to those aged 15 to 64-is projected to fall from four to one today to roughly two to one by 2060. Consider the efficiency of our systems-healthcare, education, public transit-right now. Now consider how well they’ll function when there are two working people for every one retired person. Our systems were not designed for the demographic reality that we now face. If you’re not worried about this by now, you ought to be. Think of economic growth in its simplest terms: the number of people working and how much they produce. The labour side of that equation isn’t growing, which means that it’s up to productivity growth to shoulder the expansion of the Canadian economy. But as the numbers show, our recent track record there is abysmal."

Funny i moved to GTA from Ottawa 2007 and moved away to Uxbridge in 2017

@@theseproblemsmatter1 I know the guy who owns the Swiss Chalet there. He owns a bunch of them including the one in Markham in front of Markville Mall. He still lives in Uxbridge.

There was a pool hall just down the street from the Eglinton theatre. I used to play the pinball machines there in the 1980's.

I left a 1 bedroom at Yonge and Eg in 2015 for just over $1k/month. My how things have changed! Learning of the new average in this video had me gasping. I just can't imagine managing that! It breaks my heart.

​@@wanderlust161k/month wtf I'm ded

If a bullet train is built, investors will go there and buy up all housing supply and ask for high rent again. Unless the government is willing to 1. build a train 2. impost law that each person can only own if this is their principal residence and their only residence 3. impost another law that no one is allow to resell within a number of years and priced only for a limited percentage higher than original price (must be lower than salary inflation percentage), the house there wil never stay affordable

​@@donnamak3880lol would never happen in a place as corrupt as Canada. There was a town in North Ontario that decided to sell 100 plots of land to boost its population. A few hands were shook and cash handed to the Mayor and all 100 plots were sold to 1 property corporation.

What's this a joke?

@@parkerbohnn How so?

Not easy, even 250km per speed train maintenance takes 1 million per km

same here

Montréal is also becoming really difficult...hell, it's like this in almost every cities on the continent, so that's an issue with our economies, every governments are still analyzing the situation, but many people will lose a lot of feathers during that time, if not everything. If a Torontonian thinks to move to Montréal, there is a good chance a landlord will try to take advantage, if a 2 bedrooms (4 ½) at 2,500$ may look reasonable, it's not locally.

Montreal has more cooperatives housing . The cost to buy or rent are stable Owners of a co-op own shares of the cooperative instead of owning their unit outright, which would be the case in a condominium. With some co-ops, owners are allowed to sell their co-op shares in the open market, depending on the market rate for co-ops in that location, subject to approval by the co-op board. The city of Montreal is also buying multiplexes in order to limit the cost of renting and the lowest rent in the boroughs.@@IvanLeFou01

You're one of the reasons now people in Montreal are complaining lol well done

No, it's not. There's a major supply and demand issue. Fix that ratio and you will have cheaper housing. It's not greed it's just how free markets work.

You make it sound like that is a bad thing. We are all motivated by personal gain. How many people would go to work if they didn’t get paid. The problem is supply and demand. Period. Too many people and not enough homes.

​@@KeananSundberg So would you sell the house you bought 10 years ago for 300k at the same price today? no you would sell it for over a million because you would want to make as much money as possible for yourself and you know that is its market value. This way of thinking is normal, but at the root is all greed. Humans are naturally greedy which is the norm.

@@drwet1 So would you sell the house you bought 10 years ago for 300k at the same price today? no you would sell it for over a million because you would want to make as much money as possible for yourself and you know that is its market value. This way of thinking is normal, but at the root is all greed. Humans are naturally greedy which is the norm.

So rents have gone up because landlords weren't greedy before and rented their properties below market value, but then decided randomly one day that they were going to be more greedy and rent their properties for as much as they could get?

As an immigrant myself, I love that the cbc refuses to acknowledge that immigration is a massive issue.

Immigrant here as well and I'm fine with people coming like I did to live a better life but for all that is holy in this world, why can't the government see there isn't the infrastructure and housing is ready for that many people??????

@@CNNRNNTransformer They can see that. They just don't care. Massive immigration is propping up housing prices for the boomers and giving big business lots of dirt cheap labour.

@@CNNRNNTransformer Dear Immigrants, Canada extends beyond the GTA. Thanks.

I don't blame individuals for coming to change/improve their lives but it is very sad that the culture of Canada (and definitely the CBC) is one of such extreme political correctness and censorship that issues cannot be discussed in reality and solutions cannot be found. I don't think it is unreasonable to debate whether a news organization that is tax payer funded but unwilling to discuss many topics should even be kept operating. Hopefully the next prime minister will have the courage to speak in reality and make big changes.

Yes I'm suffering because of it

While all the housing still under rent control is hard to come by.

That's for NEW units. Ford doesn't control greedy landlords doubling the rent once somebody moves out of an old unit.

Rent has doubled in BC too, and we have all kinds of rent control. The problem is too many new people and not enough construction.

Not to mention the utterly broken LTB process.

I’m too am from Calgary, since 2023 my rent has increased $200.00 per year. Again in 2024 another 200.00 increase. Calgary is no better than Toronto- we are all on the ledge of financial failure 🥹

The problem with Houston is that is was designed by the same people who built other cities at the time and it's filled with giant parking lots.

Immigrints are just doing what is given to them, you wouldn't get mad at water for tearing down a levee would you?

What happened to the American/Canadian dream? "If you work hard, it's possible to achieve the American dream"? It no longer applies. $100k+ income makers say it's not enough to purchase even a 1 bedroom condo. Fast food workers and IT techs work just as hard in different ways. One worker doesn't deserve affordable, humane housing any more or less than the other worker.

We canadians stick our heads in the sand and pretend there is no problem or that we are too rude to acknowledge whats staring back at us.... welcome to Canada....... @@morimoko

Indeed, not a smartly managed immigration, just a free for all, like Trudeau loves it.

@@user_gov Dream still stands. Just don't move to Toronto and complain! there are plenty of rural towns in Canada crying for workers. Oh, you say less facilities? that may be true, but how many public swimming pools do you need?

No. The government has done more than enough damage. Plus, rent control enabled Air BnB, renoviction and corporate ownership's existences.

😿

Collecting revenue from the high rents and housing prices their polices enabled.

Instead of rental what about affordable purchase homes?😊

Nah, because our corrupt laurentian politicians are all corrupt criminals who will exploit the system to enrich themselves. Socialism is just the economic equivalent of flat earth theory. Only crazy or mentally challenged people think that it works.

@@asadb1990 I hear you but the free market just wont let it happen. We need radical change at this point. its just shocking out there......

@@bentleygrove106 No we don't. And Canada is barely free-market anymore. Government meddling created this housing crisis.

Starting with the government and then with Canadians themselves since after all Canada has the world's highest household debt.

You have hit the nail on the head. This is solution to our housing problem. Increase density. Increase supply. Then there will no need for rent controls.

Nobody “prefers” to have seventeen people packed into one house.

People live alone now... we're not marrying, not having kids nor hosting our elders. And we'll own nothing and be happy, the WEF says

The "red tape" argument has been demolished by economists who have actually looked at the evidence. There's more building and construction than ever before in the GTA, at breakneck speed. There are tens of thousands of units that have already been greenlit (some for years, in fact), but there aren't enough construction workers and skilled workers to do the job. That's not caused by "red tape," it's caused by labour shortages in those specific areas.

@@portpass1974 Due to the government indirectly discouraging people from taking up skilled trades.

It's not red tape that is the problem, it is bad government policies.

There are tons of new condo buildings being built in Toronto, many of them sit unoccupied because they were bought by investors (international or local). The problem is they are not affordable to the average person in Toronto. Many of them start at 700-800k for a studio....

Agreed! This country ran without personal income tax until WW1. It would be nice to have some of that paycheque back again! High taxes are not a necessity!

Tools as well, and they wear out faster!! Even back to the credit crunch 2008 eletrical and plumbing, windows and wood, did NOT go down in price, and I was in the townhouse and high-rise industry then. And noticed.

That is a total non-answer.

But they do, because they also have heating costs.

I didn't expect corporations to own 1 in 5 homes in Canada. I also didn't expect the pandemic.

Criminal intent

​@mikeb5664 exactly and on top of that mass migration 😂

@@alexxx7066 There is a positive in all of it if you know where to look.

idk maybe that the government wouldn't let giant companies take advantage of people just looking for a better life? everyone deserves the right to humane, decent living conditions (with a PROPER living room and kitchen!)

While blocking new renters from finding housing. Which only applies to housing that was built within the past 5 years (2018-present). You're free to find a unit that was built prior to that. But good luck on that as thanks to rent control, that's in short supply.

Rent control has created this issue. To bad you don;t see that

No, rent control was removed in the 90s. My landlord at that time tried to force all the old tenants out of our building so the next ones could be charged much more

Blaming Ford when this housing and rent problem exists in other major Canadian cities across several provinces... Absolute genius. This is the kind of brilliance we currently see at the federal level.

@@jvssocialmedia2459I think they doing that now. Force the older tenets out to move others in at a higher rate. It sure that will work tho as people can not even afford to pay that much for an apartment. Our Neighbors pay 200$ more than us for the same bedrooms and square footage. 🤷🏽‍♀️😞

Not to mention supply and demand. We have more demand than supply

And none of their “concerns” are justified. NIMBYs are Karens. All of them. Nobody should be paying them any attention.

Australia is just Canada South

The Chinese own everything in both countries but many more Chinese are local to Canada than in Australia.

All of which can be traced back to government policy and intervention.

😿👍🏻

Boomers gonna boom.

////???? Korea, Vietnam, the oil crisis, inflation old school, murderous high interest rates in the early eighties (divorces, suicides, lost time), no income increases all through that decade, WTF have you been???

Also let's not forget letting in 900k international students and 500k immigrants as well as refugees. We add more demand and we don't increase the supply accordingly.

and then the prices go sky high

It was a renters' market for seven decades, it's now a landlords market and will be long after I'm GONE!

All four of my grandparents homesteaded in Canada, and I worked on the farms will all of them as a kid. Now? I'm not only not that tough, but where are all the sixties hippie chicks to do it with???!! Make the Homestead Act Great Again!!

It's because they don't want to build those because they're not as "profitable". Much of the issue is developers and the government using housing as a bank.

Our government is a crook who has the interest of the builders rather than the people who voted him in. Our prime minister is also weak and looks after the rich and powerful. Almost every level of government is broken and doesn’t care ro help the disenfranchised. If you need to make 100k to afford a 1 bedroom in this city, something is wrong.

@@irahryphson8879 And they're not as profitable due to government meddling that made rentals too costly to build and maintain.

It also had to do with how long it takes to get approved

You dont have to be landlord

Maybe you shouldn't have taken mortgages on homes you didn't intend to live in then

@@stevenlee7748you don’t have to be a renter either, buy your home and see it’s costs !!

@@stevenlee7748 You don't have to be a tenant.

@@chronicalcultivation Maybe you should have bought your own house instead of relying on someone else to provide one for you.