The findings 'reflect the fact that rental housing is being concentrated in the hands of financial investors who have this stated and admitted purpose of generating a profit.' - Philippa Geddie, supervising lawyer at Downtown Legal Services
Applications for Rent Increases above the Guideline (AGIs) are used to pressure longtime tenants to leave, allowing landlords to raise rents to market rates for new tenants. - Philippa Geddie
#ontario-rental-market #corporate-landlords #rent-increase-applications #housing-crisis #market-concentration
[
add
]
[
|
|
...
]