What it’s really like finding a place to rent in Toronto
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- Опубліковано 28 вер 2023
- From high competition to extensive background checks from landlords, Toronto renters are struggling to find - and afford - an apartment in the city. CBC Toronto’s Shannon Martin spoke to people who are tired of the chase and skyrocketing prices.
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Even the dogs are depressed by the interview.
😂
hahaha
they just sleepy (I hope)
😂😂😂
Letting 1.5 million immigrants in the country in a year and not building houses and rental units to keep on par with housing increase requirements is a big government failure especially for low and medium income earners BUILD UNTIL THE MARKET BALANCES
That’s what happens when you privatize housing
@@Rooted_Locs
Which became a necessity after the government mismanaged public housing into insolvency.
I see this as a genius move by those at the top. The 1.5m immigrants will generate so much business, that those who benefited can afford to buy condo units by the floor to rent out to those who can still afford. Just to squeeze a little bit more cash from the mid to lower class. Just a lil bit enough to survive and be a long term investment.
I think a bigger government failure is allowing foreign investors to buy entire floors of units only to keep them vacant. Toronto has approximately 90,000 vacant units. You can’t be in a genuine housing crisis with that many empty units. Not one more shovel should go in the ground until every unit is full. This crisis is entirely artificial.
When immigrants come to Canada and work on farms and in construction their low wages keep the price of food and housing down. So it's the reverse. Immigration works against inflation
Once again, the first lady brings up a key point: the immigration paradox. A lack of affordability is destroying local household formation so we say we need immigration to replace our population. But immigration is a key contributor to unaffordability which is the very thing that is destroying our ability to replenish ourselves.
Canadians are getting old and DYING off faster than we have kids. We need immigration genius or the whole economy tanks. Build more houses single, multi family and larger units that are multifamily. Government regulations are strangling the housing market. Canada has LOTS OF ROOM to build!
I wonder why they don’t favor first house buyers that *intend to live* in the premises instead of letting investors buy all inventory available. Lower interest rates to help build a community like is already done in Germany. That would be a solution.
well said and true 😢
Thanks yimby. I'd invite you to read the comment again - it already contains a response to your post @@keithpalmer4547
Building a Canada of Canadians ship had sailed a long time ago. Even with immigration, Canada is so damn big that it is literally a military challenge to secure its land with this few people. Without immigration, there would be no Canada left. The main issue is batshit crazy laws that prevent you from making new housing despite having more than enough money and land to do so.
As the video mentioned, a cap like $1,000 per apartment will balance everything as it will force the laws to build more as the only way to gain more money would be more units.
We built a Canada where we had to stop having children.
That’s literally the point with the powers that be they don’t want us having kids or families in the future .. if you knew what’s really in our tap water you would faint .. fertility has been declining and it’s on purpose
Canada outsourced this task to India and China. People are Canada's biggest import. I wonder how long this brilliant idea would continue to work.
@@svc2461 People were Canada's biggest import many years ago. The entire 19th century, and most of the first half of the 20th. Maybe some peoples ancestors should've just stayed where they were, and we wouldn't have a country full of whiners now. You don't have to stop having children. All you have to do is live where you can afford to.
What do you mean had to? You voluntarily chose career and lifestyle over family and future.
The issue is not being able to afford children. Or at least children that are parented. My wife and I have University degrees. I run a 500 million dollar manufacturing plant. She has a Comp Sci degree and works as a Manager in Software development. We can't afford a house. We have 1 car. We camp locally for vacation. I believe many Canadians decided they can't afford kids. You think a generation of people just all decided they'd rather work?@@shauncameron8390
Rent typically eats up about 70-80% of a person's paycheque now. That's insane. There is no where in Canada where a person working a middle class or lower job can afford a one bedroom apartment. We need to get control over prices because these price hikes are destroying society.
@@patc3650 First off, what makes you think I voted for the Liberals.
Second, what makes you think Liberals are "left"?
Taxes have never put someone into poverty. And companies and Landlords make record profits and still jack up prices when they have no need to.
Also, I thought we had a worker shortage so where is this 1000 applicant BS coming from?
And the housing market isn't doping well because people can't afford homes anymore.
You really just spout this stuff with nothing to back it up.
@@StephenLeGresley: '... what makes you think Liberals are "left"?' They don't think since the propagandists seized their brain.
@@patc3650 - Exactly... We sold our Townhouse for almost $900K...and got 17 offers....
@@patc3650 The evidence doesn't point to migration being the main culprit in our specific case because the price increases have outpaced population growth. We've had a 4% increase in the population in the past 2 years but housing prices have gone up 20%. Also while the migration numbers are up compared to pre-COVID, that's mostly made up of migrant workers rather than people you would compete against on the rental market with nearly 500,000 more temporary work visas being handed out yearly now than pre-COVID.
@@patc3650 Are you pointing out how I rounded up and the actual numbers are 3.8% and 480,000, or are you just saying you've not looked up any of the actual data and wouldn't trust it anyways unless it implied your personal opinions were correct?
A friend of mine moved back to TO from Alberta in 2021 and had to pay a years worth of rent upfront to get a place. He lost out on 2 others he was looking at bc those people outbid him w 2 yrs of rent up front. It’s crazy!
The rent was probably very cheap or in a dynamite location. This doesn’t have too often, maybe one year at best but haven’t heard of two years.
I live on the west end outside of Toronto. I take the GO daily and door to door each way is an hour and a half. It was a decision I made and I'm not going to cry over it. Sure living in the city shortens my commute time to work, but the 30% Savings in rent makes me much more happy everyday. No one pushed me out of Toronto, I made that decision myself. The world changes by the seconds. Learn to adapt to changes.
Exactly. Two years rent is a down-payment for the flat.
Plus, I believe it's illegal to ask for a whole year rent. Even deposits are illegal in so places.
@@ActiveRehabMobility yep, you’re right. Dynamite location. Liberty Village. I stayed in his building’s guest suite and the location is amazing
The middle classes are being erased completely. The cost of commuting is unaffordable too. But Politicians should know these apartment units could start to be used to accommodate 10 to 15 people who can pool there money for rent. When is the government going to intervene? Do they want citizens sleeping in drawers?
Why should the government intervene? Translation = Raising and taking more of MY money in taxes to give to deadbeats. I'm tired already of paying for other peoples problems...
@@maxxomega6599
Due to their own lack of foresight and general ignorance/stupidity.
Here in Vancouver we have full time construction workers living in camper vans and the have the guts to make that illegal here and actually enforce it.
I dont know how anyone affords kids. Daycare costs an entire paycheck. Its really nice she has someone to share her costs with.
Costs have come down significantly, two kids in daycare is ~600 month
We can't, basically piling in more debt. Literally struggling with it everyday. I hate myself for having a kid. I hate Trudeau for putting us in this position.
We should all just run our credit cards and lines of credit up and declare bankruptcy. Maybe then they'll start to listnen.@@baxakk7374
@@CGBTCI am not sure what you are talking about….😮 2 kids? Where is this place?
It's hard to think of what it will be like in 10 years from now. I am really worried about a total collapse of society
yeah I have issues literatlly sleeping at night cuz of this, like okay nobody having kids is one thing but even if nobody had them, people are so unstable and so much conflict even in Canada, Trudeau bringing even more people, crisis upon crisis
lets stop voting for leftist policies. history should be our guide on what not to do,
Canada and the US will be like Africa. You're either very rich or very poor, no in-betweens.
Don't worry the end of these greedy rotten planet is near. The world we live in is unfixable everyday getting tougher and tougher. The big Brothers have no solution for nothing. Solve problems with more problems.
@@bmoshareholderappleshareho855
Nah. Canada and the US will be more like the old USSR.
Sadly it’s not only in Toronto but it’s also everywhere in the world . I’m originally from Ethiopia and in the capital, rent for 1 bedroom ( in a nice neighborhood ) is 2000 USD!! I kid you not - this is Ethiopia !!!
Mostly due to Ethiopian citizens who made their money abroad and came back home.
Yes and also the expats who work McKenzie UN etc..
toronto is utopia.....
No its worse here its well documented
@@shauncameron8390not only that the country is at war with itself…it’s citizens r flooded the capital city for safety
Moving to rural Canada is probably the only option even though you may not get the dream job or jobs in your field.
What about people who don't drive? Or need a social support system?
@@CarolineIronwill Move out of urban (but still w/some public transit), so you can work in relatively cheaper area. If you can get a license and car at that point (may take up to years), move to rural with a pre-obtained job, that pays even better relative to expenses, and save up more (may take up to more years). By 5-10 years from now, you're more established than you would be from 10-20+ years in urban renting life stuck 'poor' in middle age. If you're in your 30s, you can now spend you 40s-50s+ (60s) focusing on family, home ownership, and retirement where you instead might have been stuck on the renting cycle into your 40s even on an ever advancing career. If you get a job that's back in the city, you will have more capacity to have one that's more WFH/hybrid, or you can commute up to 1-4 hours by car or transit, but at least you're focused on getting those higher paying jobs instead of constantly anxious about losing what little you currently have.
^ That's what I think is supposed to be the idea. I'm also not sure if it fits with reality.
This days rural areas r depressing unless u have something…
That's not a viable option for those who don't drive.
Don’t move rural, we don’t have space either.
I moved out at 18 with my sister and had to move back into my parent’s house because I couldn’t find a rental for my partner and I.
A year later after living in a room with a hot plate, I tried to move out with my partner again with even more money saved.
It took us an entire year to find a place in our rural community.
I had landlords that wouldn’t even ask for references, down payments, or pay stubs. They’d ask my age and TELL ME What they thought I could afford at age 20. (I could have had a year’s worth of money in my pocket but they’d never know because the conversations didn’t even go that far.)
I was told (by the guy having no knowledge of my income) that a 20 year old can only afford $1000 or less a month. And that I should ask my mom to sign a lease for me.
My parents bought their first home in 2002 at 23 years old but today, landlords seem to think 20 year olds should have their parents as the lease holders or else they don’t deserve housing.
How are young people supposed to gain the experience and the 55 references they always ask for when NOBODY is willing to even look their direction.
That landlord telling me I could only afford $1000 a month probably doesn’t realize that you can’t get a room for that price today.
Currently I’m living in a basement suite reminiscent of a hole in the ground. My bedroom barely fits a double bed. It’s infested with spiders, our fridge was last serviced in 1993. When we moved in I was so grateful that we had a (musty dirty) stove that I broke down and cried.
My partner and I pay more for this place than my parent’s mortgage for their 3 bedroom home.
When my dad came in to visit for the first time he thought I got scammed for the price. Nope. I went on Facebook marketplace and showed him 5 listings of single rooms that cost the same price as my apartment.
The people in my community don’t want new housing. They protest every single new building being built. Most of them are boomers who got their homes in the 80s saying “$500k homes are luxury” or rich middle aged families that moved into town from more expensive cities after the pandemic that tell people like me who have lived here for my entire life that “we don’t need more housing in town, if you can’t afford it than leave”
This is horrible. I’m in my 30’s living with my parents. Can’t even afford a room on my own, let alone getting married and getting my own place. Don’t think, I’ll be able to afford something in the GTA and surrounding areas, and probably will be forced to go to another province or State.
You can’t afford $800 for a private room? Really?
@@sean4060who on earth wants to share a private room 👀 that always seemed odd to me. Its probably great for students but for adults outside of post secondary education that's weird.
@@sean4060 you cant get a PRIVATE room for $800 buddy. Try $1400
Nothing wrong with that, I was living with my parents until i was 29. After working for 10 years I finally was able to buy a place. If I didn’t stay parents and rented a place for my own privacy, There is no way I would have able to buy a place of my own here in Vancouver. And yes I was helping my parents around the house and for the bills.
@@sean4060 Find me a good room for $900 in the GTA ? Can’t find a good one for less than $1100-$1200 dollars, in a reasonably good area. I spec
It's like living in hell on earth in Toronto. And it was not like this in year's gone by.
"challenging people for mortal kombat" is wild
😂😂 I thought soo too
"my rent has doubled in the past 10 years" 4:29 If you want your money to double in 10 years you need a compound interest rate of 7.2%; 5% would take 14 years. The system is designed to encourage a positive rate of inflation. There is simply no way to put a hard cap on rents with the way the monetary system currently functions; it's an impossibility within the current banking and monetary system. I agree that in the past few decades, inflation has far outpaced regular jobs and regular salaries. The system is no longer working for the people, and something needs to change.
S&P500?
doubtful. Any type of societal change only happens when something drastic has happened, or is happening. When I look out my window, cars are moving, people are walking, a normal day here in Vancouver, I assume its the same in Toronto. Change will happen when I look out the window and see a guy beating another person to steal his food/belongings in broad day light; groups of people just taking whatever they want, disgruntled citizens covered in ash from the burning cars, gun shots blazing etc etc. Right now, its pretty peaceful out there, people working and doing business. Yes, there are homeless people, but not really a lot compared to other countries.
Solution - get investment banks and hedge fund speculators out of global housing markets.
No. Better solution: why don't you consider living somewhere other than the big city?
@@shauncameron8390 You go where the jobs are- which are typically in cities. You can't just relocate to somewhere cheaper if there are no supporting jobs available.
That's EXACTLY the problem! When a handful of people control the housing the market, they can charge whatever they want. This has nothing to do with inflation and very little to do with immigration.
@@johnholst Unfortunately these right-wingers are too preoccupied with their biases and scapegoats to realize they're being duped into having an ideology that aligns with the interests of the ultra wealthy and the ruling class. This comment section is full of people blaming immigrants and two young girls for sharing a cheap take out meal instead of the actual causes of housing unaffordability.
@@Mlogan11 I feel the government should spend the dollars on the jobs instead of fixing the housing crisis and would eventually hit us again after some years
watching this from San Francisco, wistful at the low prices compared to my CAD 3,300/month studio in a century old building without any bells and whistles.
rich getting richer and destroying many peoples lives, the canada way of life. govt really should just make a permanent rent price limit to stop the out of control greed of corporations and landlords. i dont understand why they wont. i dont personally live in a large city like this but costs are becoming just as bad in the smaller towns now too. something needs to be done, hope govt someday wakes up and does the right thing to protect its citizens.
Are you expecting the same government that caused the crisis to solve it?
You mean expedient.
@patc3650
Exactly.
People need to pay high prices to pay the tax that the local government needs. If the local government chooses to spend on finding a solution to pay less on rent there's going to be an exchange. If the local government will let us pay less on rent and fund money on rent but building apartments still the same and there's gonna be no progress in lowering the apartment prices.
Honestly, if I were the Turkish family I’d try and save enough in Canada to buy in Turkiye and then go home and live by the med.
The problem is no one can save in Canada, we live paycheck to paycheck.
As a landlord, I find it crazy to ask a year in advance rent…you are taking people possibility to survive, have an emergency money or even money for a down payment
But that wouldn't stop you choosing a tenant that can give you a year upfront over someone that can't though would it 😂 As a landlord 😂
@@tabularasa7775 everyone is not like you, yes that would stop me. Work on your conscience son
Some landlords prefer 1 year rent upfront immediately so they can use the money immediately instead of having to wait.
@@muntazirpyarali8606
You’re too soft To be a landlord. One day soon you’ll find that tenant who stops paying you and you will let it happen for several months if not years
@@sean4060 Agree to disagree
This situation was inevitable when the LTB of Ontario allows non paying tenants to live rent free for 1 year+. That shortfall will always fall on paying tenants. That is the only way the system can work. This will be the reality until the LTB completely overhauled.
Yeah except delinquency is rising due to lack of affordability and availability, restricting the population from moving or planning for home ownership. And all becuase the majority of our populatuon decided to play monopoly for the last 4 decades
Add on the way landlords were exploiting Indian tenants with little options, and as far as I can tell, the core of this issue is a collection of malicious property owners taking advantage of broken systems, that everyone left broken because we all individually hoped we could exploit it one day ourselves
What I'm hearing is they chose to live in Toronto...move! No one is forcing you to live in an unaffordable city. I did and it was a great decision.
PREACH!
LOL you just dont get it
@@zacatkinson3926
What is there to get? That's what most people's grandparents did during the Great Depression when they could no longer afford to live in the big city. Pay up or move out.
The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
@@Davidtimber Thank you bots.
I lost my job in Jukt. Moving into my van tonight as I've been priced out of having a roof over my head.
That is horrible. I hope things take a turn for the better soon.
You interviewed articulate and smart women. 😊
I can hear the pain and worry in the first women’s voice.😢
We talk about affordable housing campaigns and plans. Where are they? Where is the government funding going to? How is this landlord's issues for rent being high, it's not like no one is paying?
The real question is: What's their interpretation of affordable housing? A $700,000 one-bedroom condo? A one-bedroom apartment costing $2500? A tent is affordable housing.
No one is forcing these Canadians to live in Toronto right? A one-bedroom condo in GTA costing $700k is a bubble that will eventually pop. The reason so many are complaining is because they choose to want to live in the metropolitan cities. But the Canadian infrastructure is terrible. @@bmoshareholderappleshareho855
@@bmoshareholderappleshareho855
That's just Downtown and some other trendy part of the city. There are a lot of places that cost less than that.
Well, everyone is complaining about rent prices in Toronto but keeps living there and paying rent.. have u ever considered connection between high rent prices and high demand? Why ppl are keep living in Toronto if they cannot afford it? Canada has a lot of places to live, why Toronto? Everyone is keep saying “there are more opportunities”, really? Tell me how many months needs to spend in order to get a job there? What opportunities when 1000 folks apply for one job position?
If you're working 70-80 hours a week and you have no savings leftover, perhaps seriously consider moving to a cheaper city.
smaller cities don't have the jobs and the rent and price of housing is rising all around the country
@@DaDoubleDeeuhmm my cousin just bought a house with cash in NB for $250,000.
@Tjd1982 how hot is the job market compared to Toronto
Where I live in BC, you can rent a three bedroom townhouse, nothing fancy, for $1,700 - $1,900 a month. Educate yourself for a job where you can work remotely, and then move to a place like that. Work 40 hour weeks and spend the rest of the time fishing with the kids. Simple.
@two-sense i have an office job that i can do 100% remote. But the employers are all old fashion and won't even interview if you say you remote or hybrid.
Japanese internet cafe capsule hotels are available yet?
A private space is intimate and vital, so a living costs crisis is painful.
It's shouldn't be this way. That's so sad😢
Bla bla bla. We cant afford ... bla bla bla... its impossible... .... Oh we have 2 dogs ???? A dog costs 25000 dollars a year in food and vet visits? Maybe money management is not their best skill.
@@johnnygoodman2003
Rent is the least of their problems.
Housing starts need to be controlled like OPEC. One needs to only build enough to protect the housing price of existing home owners
Toronto is a global city, like New York or Los Angeles. The days of low cost rents are over.
How can there be a cap when the cost of everything is going up? You can't expect to still be paying $900 per month for rent, that ship has sailed. Most landlords are not trying to be greedy, it's just that they have costs on their end that are going up (property taxes, condo fees, utilities). if renters were homeowners they would experience the same rising costs of having a home.
There could be a cap on how much they can increase per increase. Like for example you can’t go from 900 to 1800 that’s double. A more reasonable increase world be 200 dollars. No cap just reasonable increases.
we need transparency on how much those charges are. Cant just keep increasing rent like that.
Benefit of rent control -- my rent has increased by 15% over the past 10 years.
Who can afford to keep dogs in these tough times, and they have 2 of them?
They could when they got them. It’s hard to get rid of pets once they become members of your family.
These fur babies maybe the only “children “ they ever have.
0:45 she said mortal kombat 😂😂😂 I’m finished
It's like that spa where pay pay pay and then no happy ending
Toronto made "rent eviction" possible in the GTA.
Summer of 96' full studio $500 a month @ Church and Wellesley, times sure have changed
Taking care of a dog doesn’t help you with rent…
dogs*
But they got it take-out food, lol.
I’m sure they know that. The financial cost of having a dog is clearly well worth it for the satisfaction they get from it.
Can someone not find rent difficult to afford yet still have an animal?
@@boomafoo9 Yes, they can. But only if they are realistic about where they can afford to live, rather than feeling entitled that they get to live wherever they want.
kitchener is Full and thanks to these people. we cant afford anything either
Winnipeg isn't full. And there are thousands of other places in this huge country of ours that aren't full, either. Why limit your horizons, Cindy? There's a whole country out there.
Thanks to which people?
and keep bringing in the immigrants.
Same thing in San Francisco!
Live below your means
If you have a full time job, then not sure doing part time helps as your part time job after taxes would be close to nothing
It is all relative, back in my day, daycare was the price of rent also. Salaries needed to increase with inflation decades ago. Canada collapsed a long time ago, it is just being more publized due to social media.
Are cats and dogs really necessary? Instead build friendship with humans.
It's lovely to have a dog or a cat. Humans are crap.
@@mirabella2154
Because a dog/cat won't stand up to you or call you out on your BS like humans.
If all the money people makes go to shelter, what about the rest of the economy?
The solution is to build communities outside the city and to not commute into Toronto. The problem is we're letting in tons of immigrants before we've built the infrastructure to do that. Immigration is great and necessary for us but we need to focus on building homes for them and people already here before letting the flood gates open.
Is that dog at 0:36 wearing a diaper? And what's with this "couple"? And the pink hair. God help us.
Are they actually a couple? I thought they were roommates.
sooo expensive
Moved from Canada to the US and my salary went up 6.5x after currency conversion. I'm a principal product manage at Amazon and make $650k CDN and only pay $1800 in rent in New Jersey. The US is MUCH more affordable just because the salaries are way higher.
That won't last for long. U.S. is becoming Canada
Is that a typo? You make $650,000/yr? I find that hard to believe.
@@mr.centrist5789
Only the Blue States.
@@shauncameron8390 It WILL catch up to the red states.
@@jcsdesign $650k CDN = $500k USD, which is the normal total compensation (salary, bonus, RSU) for an L7 principal product manager at Amazon. I am only 32 years old too. These types of salaries are no big deal in large American cities. It would be unheard of in Canada unless you are a CFO or CEO.
I don’t give a F*ck for newcomers. My concern is for Canadians, employed who cannot buy a home and facing retirement in a few years.
Because they hardly bothered to save or invest into their own retirements during their working years and are soon about to pay the price.
@@shauncameron8390The vast majority have other reasons for not having bought a home or saved. Divorce, medical problems and expenses, taking time off to look after elderly parents, alimony payments, disability, having been out of country for work - the list goes on and on. Maybe withhold your judgment and simply have a bit of compassion.
@minoozolala sadly, compassion and empathy are some of the rarest triats in humanity. They much rather judge and rate others as "dumb" to make themselves feel better, or smarter. 😢
@@respawnlock666
Compassion and empathy have their limits.
@@minoozolala
Not really.
No. Compassion = enablement.
Look 20people living in a huge mansion that cost 10k$ a month so if all 20 peach in 600$monthly we got total of 12k$ a month we be left with 2k$ for food or electricity bills thats why i say its simple to be living as a group theres so much advantage like socializing or more free time because we are all invole in the kerp the manson cleaned
But no privacy or personal space, conflicting interests, enabling people who just want to live carefree at the expense of others, etc. No thanks.
I'm pretty sure the Gustav Klimt painting on their wall at 0:33 is hung sideways.
*Print. But yes, you are right.
Maybe that's how they like it.
I live in Ottawa.
Free Northern Ontario !!!
It was always like this..less income more expenses you get trapped in this vicious cycle of life where you have to pay the price to live peacefully that is why people come from all over the world to live peacefully if they recall.
Sorry but it has not always been like this, 30% was the rule to pay for rent from income which worked well until 2000 now we are screwed
@@bobinabuddy
But Canada had far less immigration then.
@@shauncameron8390 Not really, if you look at a housing graph going from 1970 to 2000, you'll see an almost perfect X-shaped graph of condos built vs affordable rentals built. The reason is that the generation before the boomers actually cared about future generations and made sure to build housing and infrastructure for the growing population. However as soon as the boomers started reaching the middle point of their careers, the opposite happened - they wanted luxurey condos for themselves to live in, and the demand for affordable rentals dropped drastically - literally at the same pace as condo construction went up. They didn't care that in 10-15 years their kids will be graduating from college and will have nowhere to live. It's not immigration.
We can even capitalize in the fact that 20 people living in the same mansion its like a tv reality show that can be viral like the show Jersey shore lol
Impossible. That's the answer
So the fact that trudOE brought in 1 mill newcomers in a system that had few places to rent and in 2025 he wants to bring 1.5 more million more we had 250k places built and he brought in more then we can handle. we were slow to start off as nova scotia We just started to develop Alot of new projects going up corner unit of a building across post office 2800 a month tell me how this is affordable :. New comers come with a check rent paid and hit the food banks with a cab running How does this make sense family of 5 pull up in a bmw. better yet you hear dude on mobility scooter says just waiting on my spinners I ordered for his mobility scooter we are challenged til something is fixed
Working full time n part time is not a life.
This a goal better yourself but now it does not matter..because its so expensive n people are being kick out from their home because new landlords r pushing people out by not fixing the basic things like appliances n they have apartments empty with suppliers available on an empty apartments but yet they refuse to provide to those that are waiting. Its really a struggle for canadians can u believe for new people. Its sad....u cant even stay to live more 10 years now because new landlords only care about money. I see how seniors r being kick out n if they can offered the rent can u imagine the new generations. Before u had a limit of peopke living in apartments but now ots like more than 4 in 1 unit its sad how people are push to😮
The key is the property taxes to be charged. If the city people live more in densities of high rises buildings, limited land could offer more affordable housing for people, more but less costly public services, more profitable business properties and public transportation becoming profitable too.
To achieve that, there must have a change of property taxes. High rises buildings should pay much less taxes than single houses, and the taxes be rated by the population densities and the property values.
The future in question sounds very scary... like tf are we gonna eat plastic like is anyone not concerned the environment everything crisis,
This all could be solved by Trudeau but that would be coming from a real leader and not a traitor and liar.
rent control is the real problem. soon as there is rent control no one invests in rental buildings and the rents sky rocket.
We need more social housing but we just keep build non-stop condos and "luxury" rentals.
Because thanks to government taxes and restrictions, those are the only high-density housing developers are legally allowed to build with a decent ROI.
And here I thought I was the only feeling the Inflation Pinch and Scarcity Anxiety around "affordable housing", facing some of the same trajectories and dilemmas these women articulate. And where are the Male rental seekers and our particular experiences/perspectives...? All Govt need to get back into building and making Affordable Housing their Business. We cannot simply sluff off the task of Fixing this problem to "Privatization" and the "Free Markets".
The Govt's misguided Immigration policies are also creating a great deal of Resentment.
Yes you can its government thats the problem, not the free market
Government made affordable housing costly and unviable.
our world is a total dystopia right now and I am praying for the best and humanity but hope is dying on the inside
Talking to yourself through your hands won't do any good lol
Canada is the 2nd largest country on planet Earth WHY do people decide i'm going to move to the most expensive place in the country then complain about costs while there is thousands of other communities that have tons of homes in their price range ?
No jobs
.
Simple. No jobs. No services. No amenities.
Because they haven't figured out that in this day and age, you can work remotely and chill every day after 5 and every weekend. No rush hour traffic, no crazy prices. I guess some people will always think it's better to be a city dweller.
@@shauncameron8390 Tons of jobs in smaller cities and towns with great services and safe communities no drug gangs shooting up the streets and stabbing people for fun
@@two-sense Yeah, I wonder why construction workers don't just work remotely. /s
This is why I want to leave canada. The cost of living is too insane now.
Toronto is unliveable.
Moved there in 2015, when we could still find 1 bedroom apartment for 900$.
Left Toronto early 2023, with 1 bed at 2500$ on average.
This is nonsensical. But they continue to promote Canada as the Eldorado and keep bringing in a massive amount of immigrants.
This country is going downhill.
On another note : y’all are complaining about cost of living but can afford to pet two big dogs? Make it make sense 🤷🏽♂️
Don’t worry Christine Freeland has the answer lol just budget with a Disney Channel it’s easy peasy lol
just ban airbnb, and then there will be a flood of vacant rental properties
Air BnB is not the problem. Government meddling made Air BnB a thing.
High speed train to Windsor. London homes half the price
Time to tell Trudeau to cut back on immigration numbers like the ONE MILLION allowed entry this year!!!
Congrats on building homes in Canada 🇨🇦
Canada isn’t Toronto
the greed of the older generations in canada is horrendous... young people cant afford a house let alone to have kids.
That's why you rent someone who can pay big$$$$ and you pay for the landlord taxes, so enjoyed your stay in city's
You can absolutely afford to live comfortably. These people have dogs, not one but two. Shouldn't be complaining is all im saying. ❤
Noone:
Canada: "Lets buy some drones!"
People voted for capitalism, people receive capitalism
Whereas in socialism, they wouldn't have been able to get an apartment even if they could afford the higher rent due to lack of availability.
Bla bla bla. We cant afford ... bla bla bla... its impossible... .... Oh we have 2 dogs ???? A dog costs 25000 dollars a year in food and vet visits? Maybe money management is not their best skill.
Newcomers need to go to smaller towns. It's also easier to find work in smaller cities and towns. Stop all moving to the big cities...it's just one big stress on your lives.
People move to city because there is no fricking job in small town!
For what? Newcomers are not going to a place where they're not welcome or wanted.
i know a small town that is basically run by recent immigrants., because young people left when the factories closed. It's kind of neat seeing the new wave ( previously Irish, English, Itallian, Yugslavian) but I feel bad because they can't afford a house for their families, unless they pool their money & have several move in. Also, said town welcomes them. They just need to fix the bus system so they can get to work on time + not be stuck in the elements.
Rent is very cheap in Winnipeg, Move to Manitoba
But wages are lower in Manitoba.
It’s very true
Well i have lived on the south sore of Montréal since 1972. When i was 8 years old in 1975, my single dad had decided to build his own house for us, took him a year to make it live able as it took him another 2 years before completing it. It was a modest home for the times, but we had a roof over our heads, heating, water coming from a well. When my dad died i took his house as my own, did some renovations, raised 3 boys there. My dad used to work 80 hours a week on 7 days, he worked hard for us and himself, we had a 2 week period of vacations during summer with him where we went camping, fishing, exploring areas in Canada and the USA. My town had been increasing city taxes each year since 1993, I do not get much of services per them, except street removal in winter, garbage disposal, a police car that drives twice a month in the street, and that is it, so why are my city taxes going up again?? Because towns, cities, city officials want a raise of their pay, retirement benefits and that's about it. The streets are horrible, downtown has been bad for more than a hundred year, the mayors sure like to push their voting into office like they were gonna do anything better than the previous mayors. Which is all a lie in reality, sub-dividing land plots to 3000 to 5 000 square feet and make believe to new residents coming here that their new homes have and will go up in value!!! LOL Nothing better than going out on your patio and having your neighbours bothering you with their music, calling the cops because your having your morning coffee in boxer and a t-shirt. For me i live outside of my town i grew up in, we all knew each others as kids, their parents, grandparents etc. But as land for houses became so small, in the 1970's you needed 16 500 square feet of land to build your house, now you need 3000 to 5000 feet?? Plus i purchased a plot of land next to my dad's property that had belong to Bell Canada in the late 1990's, i paid 1000$ for 10 000 square feet. Now having 42 000 square feet, with today's prices i would be able to get 15$ a square foot, but for why?? People today pay for city taxes, water taxes and whatever towns or city officials can come up with to make them pay. I am sorry but for me people complaining about this and that, and then starts an interview with : They ordered food?? What?? Haven't you learn to cook yourselves? Ever learned about don't spent what you don't have?? Entitlement, spoiled bratz, just really shows the stupidity of people in general, i do not have sympathy for said people. My grandparents, my parents were immigrants to Canada, life had been hard but full of love and know how, teachings about foods, making our own clothes, repairing things around the house, using tools, making a garden, raising animals to be eaten etc.
If you're working one full-time & one part-time job like the interviewees, you don't always have time to cook. The take-out meal they had didn't look very expensive.
@@jeffreyquinn3820
They have 2 dogs that each must cost at least 8-10k a year in food and vet visits. That’s a clue they are not that bright
@@sean4060 I think you're missing the forest for the trees.... the point they are making is that you have to compete with people who drop $20,000 up front just to rent a modest apartment. And I have had dogs my guy, I can guarantee you you don't drop 10k/year on an animal unless it's severely sick. It's the same nonsense as "If you didn't have avocado toast you could afford a house." in a market where the average income is $70,000/year and somehow you need a combined income of $240,000 to get a mortgage in most major cities in Canada.
okay children are out of the question years ago everyone is just surviving
But it's like that everyone in the world literally had relatives in Lyon, France complaining about rising rent, had relatives in Barcelona, Spain complain about rising rent had relatives even in Morocco complain about rising rent. I lived in the UK before Immigrating to Canada to explore North America living 50km outside of Toronto and pay $800 CAD for Renting a room it's doable, It's simple as finding a place outside Toronto to live I understand public transport ain't as good as Europe but owning a car in Canada is so, so, so much cheaper than owning a car in Europe!!! It's also figuring out finances like in this video they ordered lunch instead of buying produce and cooking at home which could run you further in money like fast food ain't cheap also owning a pet is expensive as well I'm not saying don't enjoy the spending of life but set aside finances for more important things like a roof over you head and running a car then if you have anything left over enjoy spending it!!!
God knows when you came to Canada, but maybe this was way longer before the crisis. It's easy to blame the victim. Buying taking out ans sharing it is not luxury, it's more of an idication of precarity.
@@lajoiedevivre2957 everyone I asked said it was after Covid that all this happened so it hasn’t always been like this. Out of everywhere I lived in the world and to be honest it’s only North America and Western Europe I have to say life was easy and much more enjoyable in the UK. Had a lot of disposable income and it was cheap to live there had plenty of money left over to go out with friends to the entertainment complex or clubbing. I found life to be more difficult in America and Canada it was expensive, but the US was a little easier because of the higher wages but still much harder than the UK!!
Rent money is dead money. You need to build equity for yourself
Then freaking move. Toronto isn't the only place to live.
Accommodation in Montreal is affordable with some of the lowest cost of living expenses in the country. Yes, you'll have to learn French, but surely that's better than living like a peasant.
Living in Alberta is also a great option, high wages and low cost of housing. You have two options for great cities in Calgary and Edmonton.
You can buy a new house 30 minutes outside of the city for $400k in Calgary.
This kind of existence is unnecessary.
Location, location, location.
You dont know Alberta at akk
But that's negated by lower salaries and higher taxes.
@@shauncameron8390 - Lets not forget, you need French... Barely any jobs that pay well will take up Anglophones. Knowing just English in Montreal will hold your Career back significialy unless you are one of the few who work in International companies working in broad U.S/CAD markets.
We ordered lunch to share. Cooking is cheaper!
Bully offers? I really want to live there and will pay more than you. Supply and demand.
Remember before covid when everyone was chanting tax the billionaires rofl. This is still their revenge.
Two dogs?????? How much does that cost?
Tell the government to stop giving money to other countries. And stop bloated government pensions. And no tax for income 50k and under.
There are simply too many people as other comments pointed out. That is chiefly the reason for this attrocity. Lets choose competence at next election. This problem is a direct result of the regime we have elected to run the country.Incompetence leads to awful results.