Just How Tough has Toronto's Rental Market Gotten in 2017?
Very limited supply, super strong demand, with bad government policy thrown in equals madness. Over the last couple years I've done a ton of rentals, all over the city but mainly in the downtown core. It's always been competitive for as long as I can remember and rental rates have been rising year over year consistently. But this year, especially this year, things have gotten very, very tough for renters. If you read my blog, I think you know the biggest driving force behind