Financial landlords are leading Toronto rent hikes. Waterloo researchers are first to prove corporations, such as private equity firms, drive up the prices of rental apartments in the city. https://uwaterloo.ca/news/financial-landlords-are-leading-toronto-rent-hikes #toronto #tore #realestate #cdnecon #cdnpoli #financialization #econ
Waterloo News · Financial landlords are leading Toronto rent hikes | Waterloo NewsFinancial landlords in Toronto charge monthly rents 44 per cent higher than the average neighbourhood price, according to a groundbreaking new study. The increase translates to $670 more on average. Acquiring information on rental apartments in Toronto is notoriously difficult, but researchers from the University of Waterloo are the first in Canada to prove that financial
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Principles of supply and demand
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