Housing Bubble II: The Quest To Build Enough Homes Where People Actually Need Them

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A timely story courtesy of Daily Hive:

Landlord slammed for renting out room full of bunk beds for $2,000 per month
Kimia Afshar Mehrabi
May 27 2024

As the average price of a one-bedroom apartment in Toronto surpassed $2,450 in May, a handful of landlords throughout the city’s rental market continued to take advantage of tight-budget tenants by offering wallet-friendly accommodations that skimped out on privacy or cleanliness.

From makeshift “bedrooms” separated by rickety tarps, beds located in the middle of kitchens, and rooms packed to the brim with beds, prospective tenants in and around Toronto have seen it all at this point, and it doesn’t look like the influx of questionable listings will be slowing down anytime soon.

The latest “horror rental” to make rounds on social media is a basement apartment in Scarborough listed on Kijiji for a staggering $2,000 per month.

As the average price of a one-bedroom apartment in Toronto surpassed $2,450 in May, a handful of landlords throughout the city’s rental market continued to take advantage of tight-budget tenants by offering wallet-friendly accommodations that skimped out on privacy or cleanliness.

From makeshift “bedrooms” separated by rickety tarps, beds located in the middle of kitchens, and rooms packed to the brim with beds, prospective tenants in and around Toronto have seen it all at this point, and it doesn’t look like the influx of questionable listings will be slowing down anytime soon.

The latest “horror rental” to make rounds on social media is a basement apartment in Scarborough listed on Kijiji for a staggering $2,000 per month.

Despite already being a pricey accommodation, the landlord of the listing notes that they are looking for four tenants to occupy the two bunk beds in the room.

That’s right. The shared listing, which comes out to $500 per month for each tenant, includes two bunk beds, two shared washrooms, and one shared kitchen, with utilities and internet included.....

https://dailyhive.com/toronto/landlo...bunk-beds-2000