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 [email protected] to c/[email protected]
326 comments fedilink hide all child comments
 

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.

β€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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[–] [email protected] 1 points 1 year ago (1 children)

You're trying to pretend landlords only exist in a vacuum instead of in society where people can't afford the necessities for basic survival. Landlords play a huge role in making sure housing prices are above a "natural" level, all while contributing no productive value to society. There's a reason why plenty of capitalists are against rentiers.

[–] [email protected] 2 points 1 year ago

My position is like the most nuanced in the world while.yours is the most radical. Landlord maintains their assets while the renter does not have to think about it. That's the benefit of being a renter and that's why there is a market. Stop being radical, it does not help at all.