girlfreddySep 6, 2023

'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month

https://lemmy.ca/post/4748568

'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month - Lemmy.ca

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. “We 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.

Show threadPxtlSep 6, 2023
It shows that “no rent control” basically means “your landlord can throw you out at any time without notice” by raising rent to a ludicrous amount. It completely undermines all other tenant protections. Even conservatives should be supporting at least modest rent controls to prevent cases like this.
Show threadmindcruzerSep 7, 2023
Yes, price fixing has never caused any problems…
Show threadBrahm1nmam

So the first point is simply false, the second point is symptomatic of the third point which is simply an example of a poor policy.

Also the second half of the third point is completely fucked off. If new construction were exempt from rent control then your ROI would be better on building units than buying units.

Sep 7, 2023 at 3:44amWeb
Show threadZodiacSF1969Sep 7, 2023
Why don’t you provide proof. Who the fuck are you that we’re just gonna believe you when you say ‘this is false’ lol