Real Estate

Toronto rent is skyrocketing

  • Last Updated:
  • Feb 18th, 2018 7:13 pm
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Penalty Box
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Aug 11, 2005
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JayLove06 wrote:
Feb 13th, 2018 7:36 am
Wouldn't be surprised but that would be very dumb.
Why would it be dumb?
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Feb 22, 2011
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Toronto
FrancisBacon wrote:
Feb 13th, 2018 7:10 am
They can extend rent control to apply from one tenant to the next.
Lol what a horrible idea. Then you are basically forcing private citizens to fund government housing. What's next you have to give half your pay cheque to your tenant too? At what point do you cross the line from socialism to Communism?
Penalty Box
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Dec 13, 2016
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rjg4235 wrote:
Feb 13th, 2018 7:59 am
Lol what a horrible idea. Then you are basically forcing private citizens to fund government housing. What's next you have to give half your pay cheque to your tenant too? At what point do you cross the line from socialism to Communism?
It has been crossed in 2008. Your stock and real-estate have been going up, so expect to subsidize the government.

As a matter of fact, back in April when this stupid rent control law was brought, I wrote that if the tenant lives in your property for over 10 years expect never to be able to get rid of them. Make no mistake.... that law will pass in Ontario. Twenty years and they will be able to claim your property as theirs.
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BiegeToyota wrote:
Feb 13th, 2018 8:11 am
It has been crossed in 2008. Your stock and real-estate have been going up, so expect to subsidize the government.

As a matter of fact, back in April when this stupid rent control law was brought, I wrote that if the tenant lives in your property for over 10 years expect never to be able to get rid of them. Make no mistake.... that law will pass in Ontario. Twenty years and they will be able to claim your property as theirs.

It’s a step in the right direction. Homes are primarily for living, not making a profit off. If the government raised electricity prices 10 fold, you would complain as well
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Luckyinfil wrote:
Feb 13th, 2018 8:25 am
It’s a step in the right direction. Homes are primarily for living, not making a profit off. If the government raised electricity prices 10 fold, you would complain as well
Homes are for living and investing. Almost half of Canadian families rely on their houses as a source of retirement savings. Now a rental unit is primarily for living yes. However housing is not a right in this country. You have no right to someone else's labour or property without paying the price they request.
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Feb 22, 2011
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Applesmack wrote:
Feb 13th, 2018 8:33 am
Homes are for living and investing. Almost half of Canadian families rely on their houses as a source of retirement savings. Now a rental unit is primarily for living yes. However housing is not a right in this country. You have no right to someone else's labour or property without paying the price they request.
You're talking to someone who wants subsidized housing for all and welfare for everyone. It's really a pointless conversation at that point because there is a fundamental difference of opinion on how the country should be run.
[OP]
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rjg4235 wrote:
Feb 13th, 2018 8:38 am
You're talking to someone who wants subsidized housing for all and welfare for everyone. It's really a pointless conversation at that point because there is a fundamental difference of opinion on how the country should be run.
Oh I don't expect to convince him of anything. I only talking to him because I find him entertaining.
Penalty Box
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Applesmack wrote:
Feb 13th, 2018 8:33 am
Homes are for living and investing. Almost half of Canadian families rely on their houses as a source of retirement savings. Now a rental unit is primarily for living yes. However housing is not a right in this country. You have no right to someone else's labour or property without paying the price they request.
Except housing is a essential part of living, just like water is. Imagine if the rich could buy the water company and jack up prices 10 fold. I’m sure you wouldn’t complain at all right?
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Luckyinfil wrote:
Feb 13th, 2018 8:47 am
Except housing is a essential part of living, just like water is. Imagine if the rich could buy the water company and jack up prices 10 fold. I’m sure you wouldn’t complain at all right?
You do not have a right to water. Water has never been recognized as a human right. Water bottle prices are set based on market rates.

Also water has nothing to do with real estate. Not affording Toronto real estate is not remotely comparable to not affording water. Nobody says you MUST live in Toronto.
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May 12, 2014
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Luckyinfil wrote:
Feb 13th, 2018 7:55 am
Why would it be dumb?
Because then the same thing would happen in Toronto that happened in Montreal.
Penalty Box
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Aug 11, 2005
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Applesmack wrote:
Feb 13th, 2018 8:49 am
You do not have a right to water. Water has never been recognized as a human right. Water bottle prices are set based on market rates.

Also water has nothing to do with real estate. Not affording Toronto real estate is not remotely comparable to not affording water. Nobody says you MUST live in Toronto.
Lolll is this intentional trolling? Water is not a human right?
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FrancisBacon wrote:
Feb 13th, 2018 8:51 am
Because then the same thing would happen in Toronto that happened in Montreal.
That would be great news, a balanced market for all
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rjg4235 wrote:
Feb 13th, 2018 8:38 am
You're talking to someone who wants subsidized housing for all and welfare for everyone. It's really a pointless conversation at that point because there is a fundamental difference of opinion on how the country should be run.
I don’t know which country you came from but in Canada we take care of one another.
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Luckyinfil wrote:
Feb 13th, 2018 8:53 am
Lolll is this intentional trolling? Water is not a human right?
https://www.ecojustice.ca/why-its-time- ... -to-water/

Correct water is not a human right. Please show us where it is defined as a human right here in Canada.

It is hard to believe that these injustices still persist in our country. It’s even harder to believe that although 181 of the 193 countries in the United Nations support a human right to live in a healthy environment – which includes access to clean, safe drinking water – Canada is not one of them.

Also water has nothing to do with real estate.
Last edited by Applesmack on Feb 13th, 2018 8:55 am, edited 2 times in total.
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Jan 31, 2007
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What is the average rent in Toronto these days?

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