647
'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month
(toronto.ctvnews.ca)
this post was submitted on 06 Sep 2023
647 points (97.0% liked)
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Well they can just purchase their own property and not have to pay rent, right? If someone raised the rent to $1mil I don't think anyone would live there, it's a free market no?
The point of raising the rent to ludicrous amounts isn't to actually get that amount, it's to get rid of your tenants which usually have protections. This is just a cheap way around those protections and a loophole that should be closed.