this post was submitted on 06 Sep 2023
649 points (97.0% liked)

Canada

9555 readers
879 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Election Interference / Misinformation

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Honytawk@lemmy.zip 31 points 2 years ago (2 children)

If 2500 was reasonable back then, then it still is reasonable right now.

Unless gigantic upgrades were performed to the house that warrant a 1000 price hike, which I highly doubt.

Just because the market is fucked doesn't mean you get to make the market even worse.

[–] ddkman@lemm.ee 1 points 2 years ago

Except the price of food building materials renovation costs went up by about 100% where i live realistically. So a landlord isn't going to just take the fact that their 2500 whatever is now only worth 1700 whatevers.