The fight over the fate of the Toronto housing market is pitting stressed-out homeowners against fed-up renters
From her Parkdale apartment, 51-year-old Daphne Vasquez is watching Toronto’s housing situation closely.
On the other side of town. Rhonda Starkman is also on edge, but for a different reason. She’s worried about a downturn in the housing market, and interest rate hikes. It’s a debate that nearly every Torontonian has a stake in or an opinion on — one that’s likely to play out at Thanksgiving dinner tables across the city — and it can pit friend against friend and neighbour against neighbour.
“The thought of losing my house, it’s just ridiculous,” she said. “Emotionally I’m a wreck. I can’t do anything. I don’t even know how to describe how emotionally devastating it is.” “The sticker shock on how much it costs to rent in Toronto is pretty surprising to me,” said Surette, who’s recently separated and lives in the city to be closer to his current partner.
“How on earth can you say that we have it easier when we have to deal with landlords who don’t keep the place properly?” asked the part-time pet sitter, who is on the Ontario Disability Support Program.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto restaurant wants people to pay $350 just to taste some fancy tequilaInflation is hitting pretty much everyone hard here in Toronto, but it looks like no one told a restaurant in Thornhill that's hosting a tequila ta...
Read more »
Long-term renters evicted during housing boom face homelessnessAs property values hit historic highs in cities across Canada, long\u002Dterm renters find themselves in an increasingly precarious position
Read more »
RESCON: New housing plan requires actionIt will require an all\u002Dhands\u002Don\u002Ddeck approach by all three levels of government if we are to provide the housing that’s needed
Read more »
Popular Toronto shop for house plants permanently closed due to building changing ownersA shop in Toronto where people loved to pick up house plants has just permanently closed its doors. Dynasty just bid farewell to one of their locat...
Read more »