is canada's housing market BROKEN? canada's housing crisis: explained

[@MattsMkia]

i guess Canada's housing market BROKEN, Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.

[@LUCIASMITH-d1z]

The housing market in 2024 poses difficulties due to uncertainties about the Federal Reserve's ability to curb inflation and reduce borrowing costs without adversely affecting demand for assets like homes and automobiles.

[@DerraKormino]

To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!

[@tatianastarcic]

In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

[@JacobsErick-u8r]

who is your advisor please, if you don't mind me asking?

[@tatianastarcic]

‘Melissa Terri Swaynean online presence. Just make a simple search for her name online.

[@ThumbnailGrail]

I'm living in a tiny Amish village in the middle of nowhere because I was priced out of my home town (Stratford). It feels so unfair, I was actively going to city council meetings and participating in trying to make the city better for years, and now Toronto people who sold their homes have ate up everything affordable and driven people like me away. The other day I heard my grandfather talking about the Dirty Thirties, and unfortunately I fear history could repeat in a similar way. The amount of homelessness is appalling.

[@Civissa_Anika]

Same boat out West, I've had to promise a lot of lovely older people that I won't tell my fellow Vancouverites to move to this small northern outpost.

[@Johnrider1234]

Milverton

[@suras8984]

@ThumbnailGrail I'm sorry you got outpriced. But please tell me your experience living in an Amish town not because I would ever want to do that. It just sounds like such a cool story! It's not something you hear everyday. Have they accepted you into the fold? Are they neighbourly? Have you been invited for dinner and was there food delicious? Are you off the grid and if so how does it feel?

[@bobhill4364]

@@ThumbnailGrail How were you trying to make the city better? Just know that progressive policies are exactly why you are where you are. Voting does matter.

[@zachweyrauch2988]

I grew up in essex county and we felt the toronto housing explosion out there. I moved to nova scotia.

[@charisma1349]

Rent is ridiculously expensive. I couldn’t afford a $2000 + apartment in a building so I had to settle for a basement unit in a house in Durham region. The price was $2000 but I was able to negotiate down to $1850 + 40% utilities. A family of 4 lives upstairs and they make a ridiculous amount of noise. I am seriously considering leaving Canada altogether these days. Most of my salary is going to rent and bills.

[@bre1730]

Literally same situation as you. $1800 in Durham.. and my landlord just got a puppy. LOL. YET, i have a full time job at a FI and this is literally my only option if I want to not be in a ton of debt

[@swingbag12]

Everyone wants to leave Canada and I get it but how ? I mean you can’t just go. You have to apply. Then get work visa. Then find a place….blah blah blah . It’s expensive and difficult

[@firstandforemost87]

@@swingbag12 Why I hate the ‘if you don’t like it then leave’ types. Other countries aren’t like Canada. They don’t pay you to break in.

[@mandala_monk]

canada completely lost touch with the cost of living and the quality of life, frankly.

[@ceebee987]

it's called greed from the top 1%, and the entire world is experiencing it.

[@mandala_monk]

@ceebee987 yup, and we must speak up, protest and make it known. Otherwise they will keep on pushing on

[@ceebee987]

@@mandala_monk people are too apathetic and uneducated. Blissful ignorance is a real thing. Trying to get people together and speaking up is like herding cats. Sorry for sounding so bleak.

[@gypsywoman9140]

Y'all remember that "You will own nothing and be happy" bs They tried selling us back in 2016? Pretty sure this is all by design and what the path to owning nothing looks like. The bigger question is: Why are we all taking this ish? There's approximately 98% of us struggling to afford basic needs. Too many people are one landlords decision away from experiencing homelessness; I saw it happen around the corner from my old place. Slumlords sold. New owners wanted to tear down and rebuild. Tenants had a few months to find a place, but most of them couldn't afford anywhere else or find a landlord to approve them. That's the other issue: landlords judging by credit score etc and how us paying rent or basic bills doesn't help our credit score. If you don't pay your bills, your credit takes a hit, tho. Shouldn't it work the same in reverse? And why is our biggest monthly expense (rent) not helping our credit? If I skip a bill it's because money is tight and rent is my #1 priority over all other expenses. But all that shows up on the report is "this b!tch didn't pay Virgin Mobile for a while." Where does it show "But she has never missed a rent payment and was only ever partially late paying it once in her 20 years of renting" ? Landlords should judge that, not my lack of a proper Mastercard.

[@deepthoughts8393]

@@mandala_monkI’ve given up on Candians doing anything about it

[@sarah345]

It should be illegal to intentionally leave rental units empty to induce demand.

[@nightwingalelle2849]

so nice to have someone speaking on local politics. and someone well researched and well spoken, too. gives me hope that things could be ok

[@EasyZee69]

When I first moved to Montreal, in 2000, I lived in a 2 bedroom apartment and paid less than $450/month. I lived there for about 16 years, by the end my rent was doubled. Of course my income was not doubled, and that's the problem, rent keeps going up at a far greater rate than income is going up. The apartment I moved into after that first apartment is twice as big, and rent was an even thousand dollars when I moved in. By law, rent is not allowed to increase more than 4 percent. But the landlord always increases it more than 4% every year. A lot of tenants fight the increase and win. The problem is that it puts you in landlord's bad books, and tenant/landlord relationship becomes antagonistic. To me, that is not worth the headache, so I just accept the larger than 4% increase.

[@tamaras.9639]

Yes. Canada's true economy is very weak. There is little productivity and wages barely move.

[@iDontUploadiJustSub]

My father had sued plenty landlords and won, accepting more than 4% increase because u are scared is insane bro

[@PAPADRACOLIN]

@@tamaras.9639more correctly, the housing market is unsustainable and is a product of conflicts of interest and soft corruption and stupid policy. Luxembourg, the netherlands and norway all the highest productivity in the world yet all are experiencing a housing crisis, its a metric being shoved down mindless people like you, that doesn’t actually explain anything😊

[@thegeneral1418]

*It's actually 2 percent...*

[@ceebee987]

Unfortunately, your thinking is the exact reason landlords DO raise rents higher than provincially allowed. Your unwillingness to look past your own situation has conveniently shut you up.

[@ghostchick5275]

I agree that the housing market here is bananas. I live in London and pay almost $2000/month for my apartment! IN LONDON! But sis... if people are saying they won't rent to you because you're black, you need to be reporting them to the Ontario Human Rights Commission. They can't do that.

[@swingbag12]

It’s probably because she’s not Indian

[@RobertDeCaire]

They'll only do something if you can prove it. If they just say it and you have no paper trail they won't do shit. I tried to find a way to report a landlord for requiring a security deposit, and they were like "did you pay it?" And I said "no I left when she said that," and they told me they don't care.

[@NicoleBardot-nl7rt]

It’s so nice to see Canadian content especially from a black woman❤️

[@cocolove9916]

true

[@AdolfTrudeau]

Amen shista

[@LarryNg-mx8qz]

So what

[@moviemaestro800]

​@@LarryNg-mx8qz Representation matters, bud.

[@firstandforemost87]

@@moviemaestro800 Stop obsessing over skin colour and get with the times, bud.

[@adultcool2395]

Housing is insane. I'm in Vancouver, got lucky for the past year subletting a pretty spacious 3-bedroom upper floor with 2 roommates. Rent altogether was $1900 because we have some renter protections and it was an old lease. Now my leaseholder roommate has to move out, and when if my other roommate re-signs, it's $3000 TOTAL. So $1000 per person. The landlord blames increasing property taxes, but this place is OLD. I have to suck it up and stay because I have a cat, and know apartment hunting in this city with a pet can take a lifetime. Even just finding a pet-friendly listing is like a needle in haystack. What's nuts I know it could be even WORSE. He could have set the rent at ANY price, and I'm over here just trying to be thankful that it's a price I can at least pay.

[@Gomba13]

Your landlord got a $13 tax increase for ONE apartment? Yeah right. Not only that, but it’s not up to tenants to pay someone else’s property taxes. That would be theft.

[@rps1689]

@@Gomba13 As a landlord, I can bring my overall tax rate down lower than a renter with the same income as me with deductible expenses alone and some of the expense are actually perks. Basically I pay less tax on each dollar I earn than that of my tenant plus if I sell the property, only half of my capital gains are subject to tax as long as I do not make a profit of over 250K.

[@KaliCampbell-y9p]

Unfortunately, you can't be honest when it comes to pet ownership. You have to lie! Many landlords are robbing tenants with pet fees. Don't be fooled by being completely honest with them.

[@rps1689]

@@KaliCampbell-y9p I hid my two rabbits for years, in two locations, but they are quite. I made more noise enjoying their company.

[@adultcool2395]

@@KaliCampbell-y9p Unfortunately, as a single person looking for housing with a service industry salary, my options are mostly sublets and single rooms at the present. Especially since most of the affordable listings are in places with established leases. The people I've met via housing listings aren't very keen on risking being evicted by their landlord by taking on a subletter with an "illegal" pet, which I understand. But yes, I plan to lie in the future if I get my own name on a lease 😅

[@britanyatamara]

100% and we need more people talking about it as well. They only seem to care about things when it makes them look bad.

[@erins9271]

I'm really sorry that you had to face such blatant racism . 😢 On a positive note, I enjoy your videos. Keep up thr great work!

[@gypsywoman9140]

Fr! I'm particularly shocked this happened in Toronto, of all places! Not that it's cool anywhere, but you kind of expect to encounter certain mindsets in smaller communities, not Canada's New York. Although I can see this happening to almost anyone in one of Toronto's Specific Group areas. China Town, Little Israel (not specifically them, but as an example) type communities where everyone seemingly shares the same basic culture or faith. I can understand this makes it feel more like home away from their homeland, but some of them have started expanding this outside of such communities both in and outside of Toronto.. In Barrie there are sometimes affordable places that come up near the college..but they only rent to Indian students. These were originally built as family homes, not dorms for international students. I'm not sure if this is even legal. All I know is we need a license to go fishing, but there is no landlord license. We have the Landlord Tenant Board, but they're kinda useless...I had a landlord where every tenant in the building took him to the LTB. Over 3 years of him being taken to the board, and still he never did replace windows previous tenants broke and all these other things. How tf would me catching a fish out of season affect people anywhere near as much as a slumlord does? Or a landlord who only rents to their kind in THIS housing market? I do NOT understand how there isn't more in place to keep such people in line and also make rent caps/control a thing. (Like, I know it's legal for them to raise it annually, but wtf? I could afford it when I first moved in, but by next year's raise, no. Especially with baseboard heat on top of it. But where tf am I going to move? Everywhere else is too expensive, too. Story of many lives right now.)

[@MarcoEmeryLinden]

@@gypsywoman9140 Bitching about "the Chinese and the Jews" online won't solve Toronto's racism problem. In fact, you're only contributing to it.

[@deeeno6867]

I’m in Calgary and we thought we’d have no choice but to leave the city when our lease is up in April due to high rent costs and excessive demand, but our rental market is actually starting to dip downwards. Fingers crossed that it continues and my partner and I can find a decent two bedroom for under $1200 without utilities…

[@hxpewxrld]

Hey Tiwa! I've been a subscriber for a couple of years now from your Korea all the way to your Toronto videos. I just wanted to say I'm really enjoying the pivot to Canadian politics and news, we need more voices in that space with focus on Canada, especially more that look like you and I! I hope you continue on this path, looking forward to seeing your growth from it!

[@Queentiwa]

@@hxpewxrld This means a lot to me. Thank you for all of your support these past few years. God bless you 🥹😭

[@hxpewxrld]

@@Queentiwa Awww that's no problem! I know a lot of content creators get nervous when they pivot so just wanted to let you know some of us are still here! LOL 💕💕

[@petrab.7780]

What has always confused me is why people are against mixed use neighbourhoods and townhouse rows. They’re just… really nice places to live. Three grocery stores within two blocks of your apartment? Shared yards for young families who don’t have to be ferried everywhere to see their friends. Local schools. Why would you _not_ wanna live like that?!

[@omnibot5848]

because people don't like change and see their home as capital that will depreciate if renters, aka poor people, live nearby.

[@MagpieMalone]

That's all well and good, but not every neighbourhood should be like this.

[@omnibot5848]

Nah, it's not all well and good. Screw those selfish people.

[@gypsywoman9140]

I have long wondered why people stopped building apartments above stores. In older areas, you'll still see apartments above the shops, but in newer areas it's all just plazas. Ugly, bland plazas, often with parking lots and driving areas presumably designed by a Florida man on bathsalts. It all takes up quite a bit of space and for what? A bigger grocery store and a bigger dollar store that people without vehicles can't safely walk to? Maybe the housing crisis would be a little less of a crisis if we'd stuck with building apartments above shops? Imagine how many apartments could fit above those plaza stores. The tenants would also be loyal customers of the stores and it would be convenient for the non-drivers. It wouldn't be enough to solve a problem that has grown so large, but it could certainly have lessened the blow somewhat

[@mythirlmaiden]

@@MagpieMalone The problem is NIMBYs or not in my backyard, think no neighbourhood should be like that because it might change their neighbourhood.

[@Kohaku42069]

The privatization of the housing sector has ruined our country. And the face that part of the NHS was to literally just give private developers money to "build affordable housing" pisses me off so much. AS IF PRIVATE developers were going to take that money and then rent/sell those houses at affordable prices???? Like it's so obvious that this would be the result of that.

[@gardencity3558]

"The privatization of the housing sector has ruined our country. " Most housing is private everywhere, except Cuba, and that won't change.

[@mari__chaa]

First video I watch about the crisis that doesn’t blame immigrants!!! This was so good, and I hope to see more great videos like this

[@aradialefae4777]

I agree with everything you have said, except I need to lend some context about social housing. I’m in social housing. Myself & all my neighbours & friends also in social housing, (even in different complexes all over the city) have black mould, cockroaches, rats, flooding, electrical problems. You name a problem, we have it & housing does next to nothing to maintain or repair our units. I know a woman whose toilet fell through her ceiling into her living room, & it took them months to bother to come fix it. We’ve had units unnecessarily burn down, repeatedly. If the government can’t even maintain the social housing we have, we need to deal with that first, before we can build more, no matter how needed new units are. Honestly almost all social housing we have currently is so run down & dangerous, that it all needs to torn down & completely rebuilt, & the corrupt companies running them need to be shut down; anything else they do will only make us, & anyone else thrown into these he||holes suffer more, (& many will even die from the health problems caused by black mould ect. I know from experience because we already are.)

[@Oddishhly]

Housing in Ontario is a nightmare, idk if the rest of Canada is like this, because I've only lived in the GTA/Towards Kingston. But just even the quality of housing for what you pay, is insane to me, where I'm from you can have a McMansion for 350k+ and here you'd be lucky to get a crumbling shack for that.

[@ExitingTheFantasy]

Canada is crazy for sure when it come to rent, I am currently living in my car because I cannot afford it, been living in my car from October 1st it's not that bad , but winter is around the corner, I need to find a place , but the rent is still crazy and when I find roof within my budget ($500 r less /share) they don't rent to my people.. if anyone here looking to pool up to tackle life reach out to me, I too believe in peace and quiet, so looking for people who won't have guests and loud music, just a place for rest ... I am in the GTA,... great I formation Queen , you are speaking truth

[@BeingMimi]

My friend recently became w single mother and she tells me how hard it for her to find a place... this is really scary

[@Simplecity2888]

People don't want to rent to single mothers. They fear these mothers can't afford the rent or will stop paying rent. Plus it's harder to evict people with small children.

[@BeingMimi]

@Simplecity2888 😱😱😱😱 that's horrible

[@Pompomeranian7]

Not enough housing left in this country and what housing there is is overpriced and only accessible to the rich or being bought up and hoarded by foreign investment or to use as air bnbs. Starter homes no longer exist. Any home sold for a low price gets snatched up, flipped and put back on the market for 6x its actual worth after recieving the "landlord special" in renovations. I heavily overpayed for a total shitter dive i was lucky to even get my hands on in 2019 that needs a complete overhaul. I consider myself fortunate cause at least the mortgage is cheaper than the rent I was paying to live in a mouse and mold infested rental that was designed for friggen hobbit sized people. I've dumped 30k into my property just to get it livable but at least i don't get concussions on the stairs anymore and don't have mice living in the fucking walls.

[@crescentartdesigns]

True Ontario is a nightmare when I apply for jobs so I can look for a place to live but no reply is frustrating.

[@MMK86]

change your last name to Singh, Harjeet or Kaur and you will be overwhelmed with responses

[@Grace-jb7me]

Feel this living in Baltimore. I’m priced out of the DC area where I grew up and Baltimore has some of the best medical jobs in the world. I have moved every year I lived there it’s exhausting and every place was more expensive than the next and still had roaches. I hate that I’m expected to be ok with paying almost 2k for an otherwise beautiful apartment to have roaches. I’m not cut out for city life. I hate needing to start from scratch everytime in finding something only to be bamboozled by slumlords

[@loveandwater]

good work... keep going sis... you're on the path to something great

[@Queentiwa]

@@loveandwater Thank you so so much!! 🙏🏾

[@jessip8654]

Yeah my brother recently had to flee Toronto after living there for 7 years. He was pretty embarrassed to move back in with our parents at 30 in our small town he swore he'd never return to. But he just couldn't survive in Toronto anymore. Tho at least he got a happy ending. He found a good job and met someone so he's making it work in his not-dream town.

[@boxodrive]

Great video but 2 points that need to be made 1. There is no crisis for people who already own or build homes, things are pretty good for them 2. The next conservative federal government that everyone seems to be so excited about is going to cancel the housing accelerator fund and replace it with essentially nothing

[@annmcleod1783]

This! No to Conservatives!!!!

[@bobhill4364]

You improve housing with free markets. Allow as much new supply unabated. Allow people to rent out rooms and spaces they want without the govt interfering. And make it easy for landlords to evict people scamming the system and not paying rent. Renters end up paying for the scammers with higher rent.

[@boxodrive]

@@bobhill4364 hahahahaha! No! This has never been true over the medium or long term in the history of humanity. The only way to ensure the provision of affordable housing is for government or other institutions to be deeply involved in some manner. Private entities will always seek to increase the value of their property and the rent they can seek from it, and builders will always maximize profit, not the amount of housing they build. You can believe otherwise but you might as well believe in a flat earth or Jesus riding a dinosaur, it's as realistic.

[@boxodrive]

@bobhill4364 and the way to solve traffic is more lanes. Thanks for the useless propaganda.

[@bobhill4364]

@@boxodrive Lol that's exactly how you improve traffic. I bet you think bicycle lanes in an arctic country with people needing to travel 60km one way to work is the solution lol... You just can't argue with delusion...

[@amseyb]

Love your content, it's so nice to see someone covering Canadian Political issues! I'm so sorry for the experiences you had with the rental market, that's just awful. The market gets scarier and scarier as the years go on, especially after Doug Ford made it so any building that is built/first-occupied after Nov 2018 is exempt from Rent Control. I live in Ottawa and was illegally evicted from my VERY affordable 1 bedroom unit so my landlord could turn it into an airbnb back in 2017. To evict me, they also claimed they were moving back in like your landlord did... however, my landlord actually lived in a mansion on the other side of town. I was lucky enough to find a new unit that I could afford (with a roommate) and go through the courts against that landlord, but honestly, I can't fathom going through the same experience today. I have lived in the same apartment going on 8 years now and often joke with my new landlord that the only way he's getting me out of this apartment is in a body bag because I literally can't afford to go anywhere else. How depressing. 😂

[@MagpieMalone]

Rent control doesn't work.

[@Free.DaLand]

Acorn is a national tenant advocacy organization with over 100,000 members doing a lot of good work combatting renovictions and rent increases since Douggy the 🤡 removed rent control. The more support orgs like that the more power we will have as a people to create change. Preciate you for tackling this topic 🙏🏿

[@gardencity3558]

Ontario has rent control, %2.5 max per annum. Get your facts straight.

[@Free.DaLand]

@ not for developments built after nov. 2018 or that have additions to existing buildings and most new basement apartments that are occupied for the first time for residential purposes, community housing, and rental units that enter a new lease agreement. Come correct my friend

[@gardencity3558]

@@Free.DaLand Yeah and that's a small percentage of Ontario's overall rental housing the rest is subject to "rent control." So your statement is incorrect. " Come correct my friend" If you accorn nuts had your way no housing would be built at all.

[@rps1689]

@@Free.DaLand Not to mention there are loopholes for landlords to screw over those that are under rent control.

[@mar-jj4gb]

One of my few channels watched for Canadian Poliical content that's honest and to the point. Keep up the good work!!

[@funmi5653]

I had similar experiences with living with a housemate. 😮‍💨😮‍💨😮‍💨 I don’t think I can live with someone I don’t know again. I had bounce from that situation abruptly because it was draining me and a whole bunch of other stuff went on. I had to break my lease.

[@nastynat2002]

Yes, it is broken. I live in Montreal, Quebec. At this point, we are buying the town not the actual house.

[@igeogeoi9340]

I really enjoy your content. It is important to have voices explaining facts and reality to so many of our fellow citizens who have been failed by the media and our political class. Keep this up! Young voices speaking facts on socials is so needed given the current vibes of this country. I really appreciate your awareness and work.

[@Queentiwa]

@@igeogeoi9340 This is very encouraging. I really appreciate the words of support and your kindness.

[@BBlack]

I live an hour outside of Vancouver BC, in the Fraser Valley, and unaffordable housing is why I'm being forced to move to a whole different province. Low minimum wages against the soaring cost of living means I'm working 60 hours per week just to make ends meet. Doing 80 hours sucks, but it's enough that I can sace to move. And, you know, leave almost everyone I love behind. Because that's a great trade off for affordable housing...

[@laith09]

Such an insightful video, well done. The problem lies in navigating the degrading economy (GDP per capita dropped consistently since 2019 vs 10% increase in US over the same timeframe). The housing crisis does not seem to have an end in sight.

[@stax6092]

Landlords and Renters should not be allowed to get away with Racism like that. In fact they should face severe charges. That being said, Before Covid I could barely rent a place forced back into my family home just before then, but have never since been able to afford rent because the market is ust a kick to the nuts for anybody with low or even middle income.

[@irahryphson8879]

As someone who was born in Toronto, I left for university and haven't really been back except to visit. The explosion of slum lording has become an epidemic along with corporate property buying. Add to that the racism and community breakdowns, and it resulted in a housing situation that doesn't allow people to create homes.

[@Ironkhight]

Leaving my last place, was brutal! The countless number of postings I applied to....i signed a place 2 days before kick out. 😭

[@WayneSchowalter]

I just came across your thumbnail and decided to watch. I was struck by how Canada’s housing struggles mirrors the U.K.’s housing struggles. How can two countries get their housing needs so wrong? I live in the U.S., so, I have no relevant advice regarding the housing shortage except to say I think you should run for political office. You are more than qualified to do the job. You make excellent points and I think people would appreciate that. I wish you well. Oh, and I did like and subscribe.

[@Dragonstar13]

Vancouverite here, and yeah this has been a problem here for years. Some people got lucky and got some decent houses, but it's still far for the average citizen here.

[@Dionysus999]

Housing should be a human right not a means to make passive income.

[@bobhill4364]

What does that even mean?

[@jn1211]

@@bobhill4364 it means landlords are literally the reason why housing is so unaffordable and scarce, and that just because you have enough money to buy more houses than you can live in, it shouldn't be a reason to leach off the working class to make yourself wealthy.

[@bobhill4364]

@jn1211 Do you even know what a landlord is?

[@guythompson5021]

Would you work for free providing your services?

[@tamaras.9639]

Technically it is recognized as a human right internationally. It just has to be reasonably affordable.

[@adamcallaghan2135]

It's actually insane. They re literally making it impossible to live on your own. Which is nuts

[@TheAxio300]

The they wonder why young people are lonely, and the birth rate is so low. Hard to get laid living in your parents basement.

[@adamcallaghan2135]

@TheAxio300 I don't care about loneliness or getting laid. Family is important. But mismanagement is a real problem 😪

[@zokpls8712]

Back in 2019 when I was apartment hunting in downtown, I thought 1800$ was unsustainable and can’t go on like this. It can seriously get so so much worse, look at NY or SF

[@lostlandmarks8305]

Literally trying to move from the greater Toronto area to Sarnia 😅 I fucking hate what our government's neoliberal policies have done to working people.

[@ghoponit]

People were warned what would happen. It was called a conspiracy. Wait until the digital IDs come. Buckle up Canada is done.

[@charliebear154]

This is literally inhumane. I’m sick of this shit why has it been going on for THIS LONG WTFFFFFFFFFFFFF

[@omnipotent_arcanis]

This is why I fully support Co-Op rental spaces. We need more housing that is not for profit and we ourselves feel connected too.

[@Kohaku42069]

Totally agree. Housing is a human right, and it should be for living in and not for making money off of. Fuck NHS for giving money to private developers 😔

[@joy.51]

This! Also, we only thrive collectively! The goal that we'll eventually live alone or with a romantic partner is unrealistic--expecting one person to function well independently under capitalism, keeping themselves fed, their space clean, their friends texted, a sleep schedule? I hate cooking and like doing dishes, because people fill in each others weak spots.

[@hannachocolate]

@omnipotent_arcanis I live in a co-op in Vancouver and it's the best. We have such a strong sense of community and our rent is very affordable (I pay 1100 for 3 bedrooms). However, it only works because all of us members are heavily involved in running and maintaining the co-op. We only outsource some accounting and maintenance tasks. We are also very selective of new members to ensure they will be active volunteers. I don't think co-op living is for everyone. It requires a more collectivist mindset and A LOT of time and patience. More co-ops should definitely open/be developed but regular low-cost housing options might be better for most people.

[@justinjones5281]

Without investors those apartments wouldn’t exist. Live with others, car pool stop buying shit you don’t need. Don’t eat out or go to convenience stores. Sacrifice everything you can to get ahead. Once your not living paycheque to paycheque spend your free time looking into investing in yourself. We all spend way too much on entitlements. If you travelled to a third world you would see that everyone works together and helps each other. Go to your local church and talk to people. Ask for help.

[@omnipotent_arcanis]

@@justinjones5281 I fear you have a very narrow perspective with regards to how development of Co-Ops usually work. As for your austerity based ideas please remember that there are many people that are not in the position to do all you prescribe. I know many people that have tried variations of these ideas and are no better off due to external pressures. In regards to the statement of other places; I have been to many developed, developing and under developed places. Cooperation exists not in the stage of development but in the understanding of what Hobbes coined as the social contract. Which goes back to the development of Co-Ops. An organizing body that is created to build the units for living rather than for the sake of profit would be what your allegorical developer is.

[@tamaras.9639]

Are you sure your landlord moved in? They are not allowed to do it the way you described. Why would you move out? I am a paralegal by the way. I totally understand and left my job in Toronto for similar reasons despite it being a pretty high pay. And landlords keep saying rent has to keep going up, it's not possible, wages barely move in Canada. Soon we will pay 90% of income on housing. Terrible standard of living.

[@moonlitskyes]

Thank you for highlighting Canadian issues like this!! Doug Ford will be simmering in hell soon, but not soon enough, ugh.

[@kwameadansi9106]

SIMMERING !!!!!!!

[@Glitter_bug86]

Yes people seem to put all the blame on Trudeau... Ford is also to blame... we don't need alcohol in corner stores... we need more housing.

[@ting280]

12 years ago I was renting a 3 bedroom house in Markham for $600/month by myself. 5 years ago I was renting a basement apartment I shared with 3 guys for $650. Today I'm renting my childhood bedroom from my parents for $500. The money I'm making now would have bought me a nice house 10 years ago. Now I can barely afford my car. It's crazy. It's unsustainable.

[@jmjanzen]

Great video. We absolutely do need more housing, and especially affordable housing like social housing. It's a crime that we allow any new luxury housing up when people are so squeezed.

[@thunderbird4709]

Ageee with rent being insane and fourplexes. Disagree on the greenbelt. Development of sprawl dosent "bump up unaffordability" Its a simple issue of supply and demand. If more families buy into sprawl they wont be competing with you and me for the same condos and townhomes. We should be building fourplexes, cutting development charges. The reason there is less development than the 1990s is due to municpalities jacking up development charges on condos exponentially as well as unsustainable mass migration by the federal liberals. Most of the greenbelt is not pristine greenspace , it was created to enrich connected liberal homeowners in the early 2000s by restricting inventory. Scaling it back is reasonable but we should also force cities to get rid of pointless height restrictions in the core.

[@juhiazha9600]

“the answer to racism or classism shouldn’t be, ‘ok you can get out’” - FINALLY someone said it! I feel like Canadians are so quick to resort to this message in the face of any racism/discrimination. they’ll believe literally anything other than the fact that their society might be flawed. it’s crazy.

[@MagpieMalone]

My hometown is Banff... I was priced out before I could even enter the housing market 😢 that was 25 years ago!!

[@imnotsurehere]

So many native Banff people no longer reside there. It's heartbreaking to see. My friend and her family don't even like going back to visit.

[@jessefaw]

I am moving to the North Pole for affordable housing. I heard Santa is hiring this year.

[@WhimsicalYokaiVideos]

As a vancouver dweller my whole life it has been rough. I only moved out of my parents in 2020 to live with 4 roommates ath the time. Now it's only 3. My landlord has "illegally" raised the rent on us twice by a couple percent more than they're allowed to but we're stronarmed into it. It sucks out here.

[@The_Cam_Cast]

In London Ont. My college is across the road, and I'm in student housing, however I'm the only person going to school. It's a 5 bedroom APT, and it fluxates having 6-8 people in it at a time. My roomies have Post-graduation work visa's so they're not even citizens or students.

[@Evalize]

and the worst thing is bc ppl don't know abt the branches of gov't and who is responsible for what...ppl will blame PM Trudeau when it's a provincial issue. voter apathy got us Ford. we need to vote him out come next election.

[@gardencity3558]

Trudeau opened our borders and spent money like mad driving inflation. Government is %40 bigger. Taxes are way up. Do you still want say this isn't Trudeau's fault at all??

[@janicerandalk]

Yes. Blame the Premiers! And then look at what Party they belong to. RENT and Housing are Provincial responsibilities.

[@mctreasure]

Immigration which is Federal responsibility played a role too, it's demand and supply 101, more People you let in, more people move to the urban centers, more demand for housing there, prices go up

[@firstandforemost87]

Immigration isn’t provincial. Throwing demand at a market without a corresponding shift in supply was always going to result in this outcome.

[@gardencity3558]

@@firstandforemost87 Bingo! "Open Borders" immigration policy under Trudeau is a huge part of our housing problem.

[@mxoze]

A major issue with just building more housing as a response to the prices is that the houses will just gett bought by wealthy home owners to uphold their monopoly on houses. There needs to be a complete housing reform for us to make some progress

[@jfmprovr3605]

Rent control should be reinstated ,after Covid they lifted the cap on rent. Bad move . The homeless situation is insane.

[@tiggydreamz]

It’s pretty insane. British Columbia is also pricing so many people out, and it’s unfortunate.

[@edward8972]

I get rent increases just before Christmas, every year, just to put a nice fuck you cherry on top of shit cake I’m supposed to eat and be grateful for. I sent them a letter this year.

[@gotenks5633]

5:02 North america has always valued rich landowners over people who NEED housing, thats the problem. Its sickening to me that we dont live in a world where shelter is a human fucking right. Just because someones fortunate enough to have the money to buy a rental property doesnt mean they should be allowed to price gouge people the rest of their damn lives...

[@gardencity3558]

"fortunate enough to have the money to buy a rental property" Brokie talk. All of my small landlord ciustomers are self made. Get off your lazy ass.

[@gotenks5633]

@@gardencity3558 Umm, are you as stupid as you are callous? I think its safe to say you are lol. Today is one of the worst times in history to attempt to buy a property for the VAST majority of people, and most of those people work harder than you EVER will. Pull the silver spoon out of your ass ok?

[@RobertDeCaire]

Doug Ford: "We'll support the municipalities." Also Doug Ford: "Literally the only thing we are going to do is tear out bike paths."

[@TheZazatv]

Damn the rent is craaaaaazy in Canada. Sending you hugs I hope it gets better

[@thisismarkbro]

Nice to see Canadian Content

[@FateFuryOracle]

Queentiwa - please do a video on DT annoucing he will put a 25% tariff on Mexico & Canada.

[@GenerationWhyMe]

On the other side of the province I ended up needing to refuse a job because I couldn't find a place to rent. There really was 0 places to rent in this small town. I could see previous listings and they were all either really expensive whole houses or ridiculously expensive rooms. It's just wrong that anyone can charge over $500 for a room

[@Queentiwa]

@@GenerationWhyMe I’m so sorry that you ended up having to refuse a job because of the incredibly tough rental market. It’s so unfair having to turn down opportunities because of all of the issues with housing. I pray you have a better opportunity now! 🥹

[@iseemtobelost]

Awesome video, subscribed! sad that you had to deal with discrimination; the building manager at my previous apartment said he wouldn’t rent to families with young children, students, ect… which of course is illegal. Wouldn’t be surprised if there were more criteria he didn’t talk about 😢 I grew up in Halifax and the prices post pandemic make zero sense for someone looking to move there. Purchasing power is actually lower in Halifax than most other Canadian cities since rent was getting to near-Toronto levels and the salaries definitely haven’t doubled to keep up

[@erinisthegreatest0]

Who the fuck would say “we don’t rent to people like you” in TORONTO…….. the most diverse and multicultural city in the world!!! Smfh I am so sorry

[@kenya-imani]

Sis… I live in the prairies. A one bedroom in these small cities (population under 250,000) is still $1400 plus utilities. And you think in these small cities we have pristine job opportunities? There isn’t even anything to do lol min. wage jobs, nowhere to live. I’m just tryna finish school and move abroad!

[@jakobg78]

Getting houses in any province in Canada is kinda crazy honestly! I moved from Prince Edward Island to Ontario for the same reason. It’s insane how expensive just living is here!

[@Queentiwa]

What was life like in PEI? I've never been there before :)

[@jakobg78]

@ absolutely beautiful, definitely a place to visit if you’re ever looking to spend a good week in the summer. Living there was pretty rough though, the economy is heavily based around the spring/summer as the province wasn’t attached to the mainland until 1997! And sadly there’s way too much racism/antisemitism to really live there, that’s a large part of why I moved.

[@annmcleod1783]

​@@jakobg78seems like that's a theme here in the Atlantic provinces. We moved to New Brunswick from Ontario... we are lucky to be living rurally, but... there's even more issues with Healthcare here than Ontario. And the roads... omg.. potholes and chipseal make for crappy dodging on the roads, never mind the wear and tear on a vehicle. But we do appreciate the affordable housing market... although that seems to be increasing now.

[@unknownninja4430]

@@Queentiwa it’s like Ohio but surrounded by water

[@twasni1386]

It really sucks that we keep voting for politicians that hate us 🥲 love this video tho everyone needs to see this!

[@amdgg1]

I don’t understand how Ontario voted for Doug ford not once, but twice. And the second time we already knew about their bad policies. It didn’t have to be this way.

[@lemonsoap5741]

No you’re so right bc I just moved from my hometown to London, ON for uni and I can NOT keep going with this rent. And that just LONDON

[@pauly9540]

God Vancouver area is outta control to its insane how these landlords can price these places they are.

[@ovskii96]

It's genuinely staggering how much things have changed since my parents sold their two storey house for $240,000 in 2008. That house is now worth over 2 million.

[@myriamdhaiti2935]

Nah, we need to step up really, im tired of complaining about the real estate condition of this country.

[@Queentiwa]

@@myriamdhaiti2935 I agree. It’s exhausting 😥

[@tamaras.9639]

Agreed. It's too much, oh let's just keep complaining! No way! It's much worse than the states.

[@loloppololp9304]

Its been over 10 years and nothing has been done. Canadians has higher household debt than GDP!! thats crazy.

[@Dionysus999]

Ive had landlords kick out my grandma from the place she was renting because they said they needed the place for their family. Turns out they were re renovating the place to sell it.

[@tamaras.9639]

How long ago was that? She needs to apply to the LTB for bad faith.

[@medusianAllure]

Grew up in Hamilton. My dad always complained there hadn't been any affordable housing built in the past 30 years. This was when I was a kid. What we need is to get rid of Ford/Drug Lord. Hamilton rolled out an interesting deterrent for landlords. They have to register and pay, I think $1000 to get an eviction notice set with a follow-up on the landlord. I'm also interested in the idea of federally owned properties and non-profit owned properties to make non-profit, affordable housing. Singapore is messed up in many ways, but I covet how people's housing costs are paid for in their taxes geared to their income. What we need is housing much lower than market values and a lot of it.

[@juliaszemplinski3564]

You should make a video regarding how tenants take landlords for a ride, huge epidemic out there these days

[@rps1689]

Landlords suffering is nothing in comparison to tenants suffering at the hands of landlords in this country.

[@anonanon3867]

Yeah renting in Toronto is really rough, especially since a lot of landlords now don't want to rent to Canadian citizens but to foreign workers because they are easily extorted and abused.

[@Djralis]

Dough ford is killing us Canadian 💔🇨🇦

[@PT-zz9ks]

Consider Montreal, honestly it's a great city and still affordable for a young professional. Coming from a Toronto transplant

[@msbebelle07]

Not for long…my daughter had a 16% increase last time, I looked around and it’s going up…to many came and still coming to Montreal for their backup solution…greed is a spreading disease and the increase of the demand feeds it.

[@vimif]

Let’s not forget no rent control for anything built after November 2018 🤷🏽‍♀️

[@MagpieMalone]

Rent controls don't work

[@rps1689]

@@MagpieMalone Some places they do. There are still tens of thousands of people in BC that pay rents that are anywhere from 700 a month to 1500 a month that have been in the same unit for years. I have a friend in Vancouver Kitslano that lives in an apt that looks like those apts that go for over 3K a month in Toronto, but he only pays 1200 a month because he had been in his unit for over 9 years. Of course this means nothing for someone looking for an apt now. Nothing wrong with rent control if it is done fairly; worked for me as a landlord for years, as I could raise the starting rent as much as the market would bear on a unit with new tenants, which mitigated the ones already having leases or month to month rent on other units.

[@drizztcj]

Anywhere that housing is an investment instead of a necessity has problems with the housing market, and Canada is no different. If the government still built housing, things might be different, but I suspect that too many politicians are landlords to let that happen. The housing accelerator might get more houses built, but I doubt developers are willing to actually build fast enough to drop the price at all. Why would they, when they can just charge more and more and more? If you have enough money to build apartments, you won't ever be homeless.

[@rps1689]

As long as current and future homeowners are not just satisfied with paying off their mortgages and to build equity, plus want prices to rise faster than earnings in the local economy at the expense of affordability for those who follow, the crisis of housing affordability will never get resolved no matter how much you reduce immigration, curb foreign buyers or property flippers. The political will does not exist to resolve the crisis nor do most home owners want to see more supply created where needed the most because it threatens their financial asset’s potential; and all political parties know this.

[@NormalCleanCars]

The only reason i can survive $2800 a month downtown Ottawa is because I'm married and double income , even then, we're not saving enough money to truly advance in life in a meaningful way

[@Moondymon23]

There needs to be more co-operative housing, and the government needs to step up and make it happen (like they used to). Co-op housing is where the tenant IS the landlord and therefore 'rent' (actually a co-op fee) is kept at operating cost only. It's great for housing security.

[@gardencity3558]

So you want other Canadians to pay for your housing? Work ethic much?

[@Moondymon23]

@@gardencity3558 actually, since I'm a taxpayer, it's more like I want my tax dollars to go toward seed money for these co-operatives. I know you're just here for a cheap, uninformed jab, but if you actually care, you can look up non profit co-operatives, where the people who live in them are the owners and do pay for them. BUT, it's really hard to get them started from scratch and there are often zoning etc issues that keep municipalities dragging their feet over them. The government has helped in the form of loans in the past, which when paid back result in a net of zero tax dollars spent. This is also way cheaper use of tax dollars, even up front, than the fallout of having a housing shortage, even if you only consider one factor: homelessness. Look up how expensive homelessness is on the entire community, stats are available.

[@ghoponit]

No we need way less government. They destroy everything they touch. You want more of this?

[@ceebee987]

What we need is more socialized housing....everywhere. My concern is that following in the US's footsteps, we're being run by corporations. Corporations are about profit, not caring and stabilization. Unless EVERYONE gets out and votes, provincially foremost, nothing will change. Also, more channels like yours are desperately needed!!!!! We need to shout out the truth about the BS cons are trying to sell everyone.

[@TheNewSchoolGamer]

We're actually worse than the US. More money in the US is invested in financial assets compared to real estate, whereas it's the opposite in Canada. Our economy is much heavily based on real estate, especially in Toronto, Vancouver and Montreal. There's a reason why you can buy "estate homes" in Texas for less than a 1-bedroom condo in the GTA. Prices can still be regional up here so that's why I left the GTA for Calgary a couple years ago, new detached houses start at $500k in CowTown

[@gardencity3558]

So you want to live off other Canadians taxes?

[@ceebee987]

@@gardencity3558 you seem nice.

[@loloppololp9304]

Hi. Vancouverite here. Voting wont help you. We have the same housing issues here, a Liberal/NDP stronghold province. Hehe.

[@ceebee987]

@@loloppololp9304with liberal/NDP you have at least a shot (of course it matters who you have in power provincially as well). With cons you can kiss healthcare goodbye along with housing, Yes, voting still matters. Toronto is a perfect example of what happens when you get complacent.

[@TheNewSchoolGamer]

The main problem was/is the federal gov bringing in around 10 new people into Canada for each housing unit. We literally can't build fast enough so the math ain't mathin'. Also, if you can find work elsewhere or remotely, most of Canada isn't as egregiously expensive

[@koat1153]

Did u listen to this video? The issue is the governments neoliberal policies relying on the housing market to compensate for an unproductive/ underfunded population, as she said in the video and my many housing classes have discussed, Canada has missed social housing targets by A LOT since the 90s, that a big deal, don’t forget their ridiculous zoning laws making it difficult to build anything but sfh. (Single fam homes)

[@GonJohn]

Big 2024 and we are commenting on videos before watching them 💔💔💔

[@tamaras.9639]

No, it is a little bit of everything combined. There is an element of too much population outpacing available rental units.

[@musicotensai]

I hate when people say to move to a small town. There are barely job opportunities and to get things done you have to make long trips. It evens out the unaffordable aspect.

[@aishaandros6757]

Yes please keep speaking in Canadian issues, I’m studying Geography and wish to help remedy these issues in the future

[@robotron26]

Your landlord cant just kick you out like that Renting will always suck if you allow yourself to be a pushover

[@KaliCampbell-y9p]

Exactly! A lot of tenants are ignorant to the housing rules and regulations. You have study these rules religiously so that you don't get cheated. Seriously.

[@shifty5279]

I moved from the GTA to Vancouver, BC just a few years ago now. The difference in quality between the two provinces is astonishing. When I first moved here, I remember being surprised at the amount of low and mid-rise condos there are. I was so used to Toronto and cities like Mississauga having skyscrapers, while every town outside of that was predominately single family homes and town homes. We also have much stronger and better tenant protections (including rent control). There have been moments in the past that I considered moving back to Ontario, but then I go and visit and then read about the latest Doug Ford news like a tunnel under the 401, liquor at convenience stores, etc. As if those are the pressing issues or solutions. Honestly, Doug Ford should have never been voted in as Premier, and definitely should have never been re-elected. The BC NDP are not perfect, of course, but in comparison to Doug Ford's PC's, I feel like I live in a utopia. If you ever consider moving to BC, feel free to ask me questions! I am also very sorry about your experience with racism during your search for rentals. That behaviour is absolutely disgusting and something really needs to be done about that before the behaviour is continued and normalized.

[@Ren.lalinn]

Renting a place for 4 years, maintenance is incompetent af. My shower still leaks (four years) my fridge hasn’t been working for almost a month. Still don’t have heat lol. But this is the cheapest I’m gonna get…

[@flutterg1035]

Can landlords really just kick you out if they want to move back in??? Is that not illegal?? Huh??

[@tamaras.9639]

They have to do it correctly and in good faith. I asked her why she accepted that, as they have to go through the correct procedure.

[@KaliCampbell-y9p]

Legally they cannot do that. But they tend to do it to people who don't know housing rules. So they take advantage.

[@tamaras.9639]

@KaliCampbell-y9p exactly. Unfortunately this ultimately contributes to rising prices too.

[@charlotte-sq9uj]

can’t get over how good your content is, love your insight and so thankful you’re taking time out of your day to educate others. keep it up girl!! wish I could like this video 100 times

[@Leadwithlove654]

Yay a black girlie covering Canadian politics on KZbin! You are gem!! I will share your content with everyone in my circle 😊

[@elizabethc5149]

I live w my parents. It's hard to not feel like a loser when your 33 living w your parents. But there's no way I'm paying half my salary towards rent 🤦‍♂️ I don't want to be house poor

[@suras8984]

I just moved out from living with my mother for 2 years because I also did not want to pay half my salary to rent and I am 37. I realized Im poor no matter what because I could never save enough to pay for a home that 1mil or a 600k condo the size of a shoe box. So Im back in school to upgrade so that I can increase my salary. It sucks because all I want is a family but I can't even sustain myself and now that I'm back in school I don't even have time to meet anyone.

[@dylnpickl846]

32 here. The only reason I moved out of my mother's house was stark idealogical differences. I have suffered tremendously in poor housing and am still in subpar housing. Stay with your parents unless/until you can buy. It's just the smart thing to do.

[@toughspitfire]

In the same boat, staying with my parents and saving two thirds of my paycheck towards possibly owning a home some day.

[@loloppololp9304]

At least you can live with parents. My parents are immigrants and never was able to buy a house. Think about how we feel.

[@audiovice2718]

@@loloppololp9304 Damn bruh, it ain’t a contest 😅 her parents could be renters you don’t even know their situation.

[@tylorg7971]

My wife and I were renting a place in London, ON., from late 2019-2022, and when we moved in, rent was ~$1100. Before we even moved out near the end of 2022, similar units in our building were already going for ~$1800. Our building was old, so that was on the “cheap” end, all things considered. So to recap: units in our building similar to ours (albeit with coat-of-paint renovation) went up by ~$700/mo in just 3 years.

[@rickthatmorty2338]

Crazy how some people blame this all on immigrants. As if Canada 15 years ago weren’t proud to deversify and welcome others what changed .

[@ItsJustJoshGaming]

I will never help someone else pay their mortgage , at this rate (assuming it gets worse), I’ll end up inheriting my parents home. I’d much prefer creating a fresh lifestyle but the odds get slimmer

[@gardencity3558]

Right and you should never ask someone else, taxpayers via public housing, to pay for your housing.

[@rps1689]

The problem now is there is a growing indifference towards mortgage holders that became holders about 8 years ago, as a large segment of society is getting tired of welfare for mortgagers - homeowners with mortgages have been stealing from renters and savers since 2008 with their low inflation and cheap money/insanely low interest rates.

[@rps1689]

@@gardencity3558 As long as the housing supply is rigged where needed the most by the influence big developers and the real estate industry have on governments using their lobbyists, people are not going to stop expecting the taxpayers to mitigate the damage caused by lobbyist and goverment.

[@ghoponit]

Government will make a transfer fee and scoop it up. Mark my words. This is all by design.

[@loloppololp9304]

Bro at least you have a home to inherit??? How about the rest of us whos parents are immigrants and was never able to afford a house??? We are Canadian citizens now

[@dmitrystatnikov9806]

It's not just provincial government. I would say feds doubling immigration rate in the last two years doesn't help the situation either. And as per rent price, what will be a fair rent price for an apartment that costs north of $500K with 4.5% interest for 5 years (if you lucky), $500/month condo fee, $200/month tax?