Rents Rising: Why the GTA Rental Market Feels So Wild Right Now
Manage episode 479782009 series 3401999
Rents Rising: Why the GTA Rental Market Feels So Wild Right Now
Get out and VOTE!
Now, letâs dive into todayâs topic: rentals. From whatâs happening in the Toronto and GTA rental market, to why rent prices feel sky-high lately, weâre breaking it all down in plain language.
You might be wondering, âWhy is rent so expensive?â
Well, itâs not just one thingâitâs a bunch of moving parts. Here's a peek at what we cover:
- đ The rental squeeze in a growing city like Toronto
- đď¸ Why so many people are renting instead of buying (hint: affordability + interest rates)
- đ How immigration is increasing demand for rentals
- đ The impact of higher mortgage rates on landlords and renters alike
- đ What market trends are showing right nowâand what you should watch for in the months ahead
We also touch on how the supply just isnât keeping up with demand. More people want rentals, but there arenât enough available. And when that happens? Prices go up. Itâs a bit of a domino effect, and weâre seeing the full impact right now.
Whether youâre a renter trying to make sense of rising costs, or a homeowner thinking of becoming a landlord, this episode gives you the real talk on whatâs actually going on out there.
So grab your coffee, cast your ballot, and letâs get into it. đ§â¨
P.S. Got a question about the market or your rental situation? Iâm always here to chatâshoot me a message after the show!
Do you have a topic you would like me to explore further, get in touch
Do you want to get interviewed? let's connect
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