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'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month (toronto.ctvnews.ca)

submitted 2 years ago by girlfreddy@lemmy.ca to c/canada@lemmy.ca

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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.

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[-] Transcendant@lemmy.world 149 points 2 years ago

Same thing is happening to me right now (UK). LL inherited a portfolio of mortgage-free properties a few years back, immediately jacked the rent up on them all. I tried to haggle what imo was an egregious rent increase (notified middle of the year after asking for a minor repair), we agreed on a price then he served me notice to quit; via the letting agent, not a peep or thanks from the LL after I've put ~£90000 into his familys' accounts over 13 yrs.

Of course, I can pay someone elses mortgage, but when I apply to a bank for one myself, I can't afford it.

[-] _number8_@lemmy.world 13 points 2 years ago

non-artist-based pOrTfOlIos should be criminalized

[-] TotallyHuman@lemmy.ca 5 points 2 years ago

Why? In a non-artistic sense it's just a pretentious way to say "stuff you own". (Unless you're saying owning things at all should be criminalized, in which case... can't really argue with you there.)