Rent in the GTA: Exorbitant Increases and Lack of Control

📈Rent in the GTA is reaching exorbitant levels due to the lack of rent control for buildings built after November 2018.

💵Landlords have the right to raise the rent by any amount in newer buildings, leading to unaffordable rental prices for tenants.

🏢Tenants in newer buildings are facing eviction and have to find alternative accommodation due to the high rent increases.

📉Ontario needs to bring back rent control on all rental properties to ensure affordable housing for tenants.

🗳️The NDP and Liberal parties in Ontario are calling on the government to reinstate rent controls to protect tenants.

Why are rent prices in the GTA so high?

—Rent prices in the GTA are high due to the lack of rent control for buildings constructed after November 2018. Landlords can raise the rent by any amount they want in these newer buildings.

Can landlords evict tenants for not accepting rent increases?

—Yes, landlords can evict tenants if they do not accept rent increases. The rules allow landlords in newer buildings to raise the rent by any amount without restrictions.

What can tenants do to protect themselves from excessive rent increases?

—Tenants can protect themselves by choosing to live in buildings that have rent control or by advocating for the reinstatement of rent control on all rental properties.

How can rent control benefit tenants?

—Rent control can benefit tenants by ensuring that rent increases are reasonable and affordable, providing stability and security in housing costs.

Are there any political initiatives to address the high rent prices?

—Yes, both the NDP and Liberal parties in Ontario are calling on the government to bring back rent control to address the issue of high rent prices.

00:06Rent in the GTA is at an all-time high, and landlords of buildings built after November 2018 can raise the rent by any amount they want.

00:24Two sisters living in a Toronto building were shocked to be told that their rent is increasing by $7000 per month.

01:51The NDP and Liberal parties in Ontario are both calling on the government to bring back rent control to address the issue of high rent prices.

02:03Geordie Dent, a tenant advocate, believes that bringing back rent control on all units is the simplest solution to make rent more affordable.

02:17The Farooq sisters have to move out and find another place to stay due to the rent increase, and they worry about having to pay even more for rent.