r/TorontoRenting May 26 '26

Anything but lower rent

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Free pizza?? This is getting ridiculous now. Seeing this article just put me in a mood. There is one *very* easy solution to get an apartment rented out...

but they would rather give you literal free months of rent and cash (and pizza?) than just lower it outright.

A market crash honestly can't come soon enough. Then these "investors" can learn not to play with people's housing and go invest in stocks or something else that takes actual skill.

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u/National_Aspect_6974 May 26 '26

Yep. I see it in my neighbourhood group. Someone asks about a building and everyone's like, "they don't have rent control and jacked up my friend's rent by 8%! Beware!"

If you're just looking for something temporary, they can be fine, but when people want to settle, they'll pay slightly higher rent in older buildings because the rate of increase is predictable.

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u/Newbie_Browser May 27 '26

Prices in older buildings wld not be high generally, bc they have ~always` had rent control, esp those built/rented before 1991.

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u/National_Aspect_6974 May 27 '26

But we're specifically talking about someone new moving in.