CBC isn't great pay, sadly. Like 40k for a younger reporter like her. National news hosts make make of course, but your daily crew that's on the ground interviewing folks isn't making much.
Anthony Oodie I’m gonna go get a checkup, every vaccine available, buy everything I need to survive and hike to a remote area where nobody will ever find me. Who cares if it’s illegal.
i own 2 apartments downtown Toronto and i have never ever raised rents on my tenant. The reason is because, if i doubled the rent, i'll make an extra $3K a month. $3K a month is not a life changing amount for me, but it will destroy my tenants' lives. I wouldn't want someone to destroy my life, so why would i do it to someone else??
That’s very nice and altruistic of you, THANK YOU!!! Thank God there’s still people like you around ... If only all Landlords were like that 😕 As these rent increases without warning are just crazy! SMH! 🙁😪
A Voluntary slave enjoying roads, sewers, trash removal, clean running water, modern safe housing, food from all around the world at the corner and so on. I mean, we are not talking about being lashed and living in a mud hut.
We all enjoy a rich modern way of life and it cost a lot to make it possible. In past times people didn't work so much but they had nothing. This way of life you'd call being free is still available. Just find a spot in some third world country where you can build your own mud hut and grow enough food to survive. I wish you the best of luck.
Ts Better change the rental laws first. Ontario has some of the worst rental laws for landlords. I completely understand why a landlord would keep their property empty in Ontario. BC and Ontario are different. What works in one place one work in the other. I see a lot of throwing anything at the wall and seeing if it sticks and that just isn’t a sound solution IMO
You dont have the same problem in the states why? Because government caused the entire problem. Rent fixing doesnt work it only causes less affordable housing to be built. The government cant build affordable housing the economics dont add up. Zoning boards make building housing even harder. The politicians really sold you out because they didnt care about housing they just wanted the increased tax revenue from property taxes. It always always goes back to housing in government. Your gonna see this all across the country it started in Vancouver it's now in Toronto soon it's going to happen in Calgary. Its disgusting that in Canada the second largest country on earth that real estate is as expensive as it is if you look literally a couple miles south in the states the land is infinitely cheaper the taxes are lower the cost of living is lower and it's all because of Canadian government protectionism.
Canada (mostly Toronto-Vancouver) and Australia have some of the biggest bubbles in the housing market getting ready to pop within the next year. Experts predict 30-50% price correction. The global economic crisis is rising and world central banks, like the US FED, Germanys Deutch bank, India, China, and other central banks are in liquidity trouble right now. Plus a huge stock market crash, so switch to cash and hard assets like physical silver/gold. 2020 will be an interesting year for the world to say the least.
And this is exactly how I became homeless for 5 years, living in my car. This is happening everywhere. I'm from San Diego, CA, and had to move 1000 miles away to the middle of nowhere to find affordable housing. After 4 years of residence in this small town, our rent was TRIPPLED with a 30-day notice! Greed is rampant. The governments of Canada and the United States need to do something! Not all of us can be millionaires from China.
A QHHT Journey Canada ......you can run but you can’t hide. We need to make a stand. Together. Look at France. Millions in the street and they stay there till is done.
@@johnmartlew5897 Done what? What solution? Mass demonstrations, France style, can certianly make the government react but what is it you want them to do - specifically what law are they supposed to pass that will solve this problem.
The GTA is overpopulated and the cost of living just isn’t affordable with the wages. This summer I’m going up north for a gold prospecting expedition and will be living out of my car for 2 months. It’s better than being a wage slave.
Sounds like she's trying to live on about $ 3000 per month max. Sounds great to someone living in Fredericton, but as a CBC analyst in Toronto it's total rubbish.
Men have been dealing with this for decades, welcome to the equality club, what’s her big deal here...because she is a women!? Don’t live beyond your means...many would love to live next to their place of employment...commute!
Women have been dealing with it along with men. More so, since laws requiring equal pay for the same work haven't been in place that long. My MIL worked two jobs to support herself and her four sons after their father ran off. She's 67, and still working a full time factory job.
Canada is not bad compared to larger cities. I heard HK cost a few million CND to purchase a 800sqft flat. The average house in T.O. currently is around $800k for around 1300sqft in East York area. So we are not taking it that hard unlike our overseas friends, I guess thats one reason why they flock to USA and Canada and seem to have put upward pressure in our housing market, its because its cheap here relative to where they were coming from. The situation will become increasingly difficult as our population increases worldwide. Now with stress test commencing in 2017, it will be even harder to qualify for a loan to purchase a home. For some new home owners who can bairly afford it, end up needing to rent out a portion of their house and forced to set crazy rents to offset the mortgage payments to make ends meet. As an individual, try to concentrate on building passive income instead taking on an extra job. Search for passive income. Its not an overnight solution, it will take several years to get back onto financial track. However never quit on building it no matter what happens, it will be worth it. There's always 2 sides to a story, everyone is trying to make a living. Unfortunatetly the way our monetary system works may be to blaim, but its quicker and easier to change one's financial outlook and situation than to change how the system works. Anyway that's my personal perspective on this topic you can take it or leave it.
Really? Try Edmonton, Alberta where a good two bedroom apartment costs about $80,000 or a townhouse which today can be bought for around $100,000. Sellers will take any offer in Edmonton today.
Maybe in some of the "no go zones" you find prices like that. In Edmonton in general the rent went up from $1285 to $1360 on a 2 bedroom apartment. A small trailer house to buy is listed at $120,000, besides the monthly fees.
2023, it is even worse than 2020. and in 2026 if JT stays it will be even worse. I am not sure if it gets better if PP comes in, but we need to change our voting habits to find out.
The spikes in rent arent only in waterfront and downtown.. Unnecessarily high rent costs are occurant around Brampton, Oakville Mississauga or cities surrounding the gta. Im a young retail worker trying to save up for college but trying to pay rent and bills on top of a min $500 rent for a ROOM is not ideal for healthy living. Also! If there happens to be affordable rooms on the market the renters are extremely discrimitive towards potential tenants who are not their prefered race. I hope the GTA steps up for people who are trying to get their start in life and build more affordable housing. You didnt bust out the womb paying mortgages, why do you think we can?
Well. I agree with you about some stuff. But if you want to save for college may as well save for a house. No point in getting an education, your place was filled before you even enroll.
Well said, and by the time you think you've saved enough for college or a down payment on a home, the costs and interest rates have priced it all out of reach again.
Chloe wilson build a tiny home where? You’re aware you’d either have to rent or buy the land right? So that leads where? Right back to where we started from
@@babyloveu67 And then??? Even less rentals available, which puts prices even more. We need more supply. Did you ever take economics 101?? Its anti business laws that make builders not build rental units as it is more lucrative and less headache to build condos.
Wow lucky you mate, for me even as working as Software Engineer, I need to save for 5 years to get 20% money just to get a condo for $600,000 which seems like it will be 1 bed room only. Might just not buy and lease a condo for long term only. Maybe for 20 years, if I pay 1500, would only need to spend 30k for a condo for 20 years
Toronto is unlivable. It's been for years. Consider the minimum wage: $11.25. Extrapolate full time hours = $1800 a month. Very difficult to find a bachelor less than $1000 (even this is below average). Then you have your grocery bill, internet, phone, transportation, gas, hydro... It is an untenable situation. It is not realistic to say, "move out to the suburbs" because it takes longer to get to the multiple jobs you're juggling to stay afloat - and it isn't much cheaper in Etobicoke or North York anyway. It is deeply exploitative and ethically wrong it is to demand people service a society can not afford to participate in. Talk about classism! Besides, from what I've seen the rentals out in Etobicoke are just bigger for the same prices. Nevermind trying to save some money to improve your lot in life. Something needs to change, because this place is a breeding ground fro social discontent.
Terence Reeves Something will change only when it has to. The market dictates what happens. Either people will pay the higher rents, or they wont, which will force rents down, but its pretty much guaranteed that rents will continue to climb. Toronto is growing so demand grows with it.
@Harry Smith There is nothing wrong in women being attracted to a man primarily because of his financial stability. Believe me outside Western Europe and North America, this is pretty much a requirement from most women before engaging in any sort of relationship with a man. It's nature/common sense at work. Only in these aforementioned regions is this behaviour shamed as 'gold-digging' and women are expected to love blindly at the detriment of they and their potential offspring.
Just putting the left's policies back into place. Amazing how everyone approved of them when McGuinty and Wynne supported the policies, but as soon as Ford does, suddenly the exact same people now oppose them.
She started with 1650. what do you expect, this doesnt sound like she cared; just wanted close to work since work was good enough pay for a 1-person apartment apparently. I pay almost 650 for a 3-1/2 and thats already a decent % of my paycheck and I work full-time.
It's not only about downtown anymore. A 2 bedroom in our 50 yo apartment building at Don Mills and Sheppard (so very far away from downtown) is now $2600 a month for new tenants, so twice of what we are paying. Hydro, internet and parking is extra. So... yeah.
You can thank the BANKERS and REALTORS. Banks keep approving real estate loans for unrealistic SPECULATIVE PRICING ....as it increases their PROFITS !! Same deal with Realtors. Land lords are only 1/3 of the equation. It amazes me how the business community thinks that the consumer is a never ending fountain of money .. its gonna end shortly .
Dave Tom, sadly most have to. She makes more than the average income and is still having trouble making it. So, imagine trying to make it on SS wages (some draw only about $800. a month, others might draw as much as $1200. a month.). Yet, even on the higher end of SS they could never live where she was living before she became homeless. Rent should never gave to be more than 1/3 rd of a persons income. Not to mention that groceries and toiletries have gotten way too high, as well. However, every time the cost-of-living is raised then, everyone raises all these things and more, as well in order to cover their employee's raises and still make their desired profit. Therefore, everyone still ends up in worse shape after the cost-of-living raises come out. It's a really screwed up mess! There needs to be limits on such things, especially insurance and all, too.
I’m from Ontario, living in Alberta now... And all I know is Toronto is the WORST place to live in. So what if you have a job, what good is it if all you can afford if a roof over your head. Aren’t we supposed to be saving to retire? How about not spending $2000+ on a sub par apartment just because it’s 20-30 mins from downtown. I HATE THE CITY OF TORONTO! 🤮
I’ll take Toronto and Montreal over Alberta living any day! The only reason why I haven’t moved to Montreal is because a career in my field requires me to be bilingual, I absolutely love Montreal. Not everyone is paying 2,000 a month in rent to live in Toronto 🙄🙄🙄🙄🙄🙄
OLD PEOPLE who already live in paid-off homes, but they got FIRED / TERMINATED from their regular jobs once they got over the age of 60 (that happens a lot in Canada = companies let go of employees at 60). But those old people still need an income to pay heat and food as the old age pension is not enough to live on, so they work in Tim Hortons and McDonalds and other fast food restaurants. Most of those older peope are accountants, office managers, engineers, and other people with Masters degrees, but they cannot hold a job due to their age.
Sean McCall Key word some most Gen X’s have to relocate out of province or country for career or they have to live with parents and save a really good despot for a home. Thankfully I have the option of both!
But you're supposed to stay b+positive and love your neighbors and look out for your fellow man but when I open my eyes all I see is greed and hate and people taking advantage of people
What I find personally really disheartening is that this is causing a major spillage of people from Toronto moving to nearby towns and cities like Brantford because it's better pricing than what they have but it's causing the rent to go up so much in these other towns and cities making it extremely difficult for anyone living there prior to this that doesn't own their home. Rent has gone up so high that working fulltime isn't enough to rent a one bedroom plus utilities anymore.. And being single with kids? Forget about it, they won't even consider you because you have one income and they can afford to be choosy with who they rent too because of the influx.
If 60% of the reporter's paycheck is going to an apartment, That she doesn't own. She should consider owning a house instead. She is financially illiterate......
And where is she supposed to live while she saves up an 80,000 downpayment to do that? And once she has that house, how is she supposed to afford 3000 plus dollars in monthly housing costs? YOU are both financially illiterate.
Um, an average house cost in Toronto has gone over a million dollars. That's over five thousand dollars monthly in mortgage payments for a 25 year term with 50 grand downpayment. Your household income should be at least 150 grand annually even to approach to this mortgage affordability.
finally some light jn the RIDICULOUS TORONTO HOUSING PROBLEM. .when will you people start to riot and protest about that..something that actually matters. .Cost of living is rising so high it's unbelievable...kudos to this lady for speaking up and sharing her experience.
The protesting was happening at city hall by long time residents long time ago. 15% off shore tax did not slow down the richest of chinese investors. Some are now buying properties in seattle causing our house prices to go up!!!!!!
She could have found a cheaper 1 bedroom apartment if she moved uptown......obviously a water front condo apartment in downtown Toronto is going to be expensive
I think that was to dodge away away from the fact she's homeless. Far too many people find "homeless" synonymous with "unemployable" or "lazy" or "degenerate" and the show probably didnt want the public associating one of their employees with those thoughts.
Blame the easy money from Chinese investors....they're buying property as a safe haven for their money...buying at exorbitant prices n then squeezing the tenants...one solution I see is to use the taxes collected to encourage more building activity...lots of more building and infrastructure (like public transport, parks, etc)...supply and demand
Ban chinese investment is the real answer! and if they do buy..they need to be required to shut down there chinese accounts and live and work in the province and work for a employer in BC canada.
Kay Flip That's funny, I am a Wall St Economist and I agree with the person you are criticising- Chinese investment has been driving housing prices higher. It's happening all over North America.
2:56 did she just say she pays 60% "to put a roof over my head" ... ya but you don't have to live in a cushy condo by the waterfront and have your own pad .... you could just slum it out with us common folks and live in a let's say regular condo in a lower-cost area of the city or ask CBC to pay you the big bucks ... Don't get me wrong rent is climbing like crazy but that is driven by consumer demand ... it's not like the owners are alien beings that have come out of nowhere they are just Torontonians that have tried to double their retirement money by buying into this market that has opened up by CONSUMER DEMAND that's how the market works... coloured journalism Much!
And they rank it as one of the best cities to live, for what? Spending half of your salary on rent to live in basement and the rest on bills and food. I am talking about someone who got his graduate degree from Canada . The problem how they make you cheap. A manager , who you mentioned, is so cheap that pay you low wages and lower the standard of living in this city and this country. From university degree professional to cheap labor.
She lost me when she said “will we have to commute to work?” Is that a joke?? It’s a privilege and a HUGE luxury to be able to do that lol it’s not your right most people have to take the TTC, go train, or use a car to get to their jobs lol If you’re budget if 1650 for rent there are a ton of places a 30 minute ttc ride away from the downtown core
Toronto is a left leaning city...go figure that the people come last. This is what happens to hard working people by parasites who know they can enslave anyone as they please. 5 million for a 2 bd rm home anyone?
Similar situations in Orlando. About 5 years ago I was paying $750 for a 2 bedroom apartment and up to November this year I was paying $2000 after all the annually increases from the past years. Last month I had to find a $1300 apartment that is garbage but it's all I can afford. 2 adults working full time can't barely make it now in this city.
We had rent controls which came to a end because of the claim there was no incentive to build rental properties. Now that the rent controls are gone for buildings after 1991, we still don't see a lot of rental properties being built. Most rental stock has come from condo investors who can charge whatever they want and raise the rent as much as they can with each new tenant. It's now open season on renters as this story clearly shows.
Similar story with Stanley Roberts of TV station KRON4 in San Francisco. Worked on the job 20+ years and now can't afford living expenses. He moved to Arizona.
shes paying 1650$ a month for rent, which she claims is 60% of her pay. Some simple math indicates shes making 2700$ a month. 1350$ a paycheck. Roughly 17$ an hour. Who in their right mind thinks 17 bucks an hour is a living wage in toronto ? CBC should be shamed on this one pretending shes making a living wage what a joke. Paying someone 35k a year is pretty pathetic.
A 3 bedroom townhouse can be bought today in Edmonton for about exactly $100,00 or one times income. They make about 20 percent more a year than Torontonians. Rents are 20 percent less there than they were 4 years ago.
Renting prices all around the south and eastern areas of ontario are overpriced. I live in the Kingston area and just room rentals are ranging from about $600-800 a month, 1 bedroom rentals are $1000-1800 and everything goes up from there. I luckily had some connections and found a room rental in the country 10 minutes from the city, beautiful 1800s stone home, I got a giant bedroom, free internet, TV, everything included for $400 a month. I'm thankful because I have a tough full time job earning min wage. Prices for everything goes up, but our wages done.
Need of the hour is Japanese style Tiny Single Rooms less than 150-200 sq.ft with ventilation, tiny kitchen and a Toilet-Bath...If its built shouldnt cost over C$600 in downtown Toronto. Toronto building laws should allow and encourage this
The government needs to get rid of rent control. If I have 10 two story apartments for $1,000/month. Then a guy tears down an old 2 story factory building and makes a 4 story apartment complex.(renting for 800 dollars/month) That made things better. More people can live in the same sized city. Cost and commutes go down. Now if we had rent control. I'd be renting for $700/month, because I bought the apartments back when rent was cheaper. And the old factory building would still be standing there because there is no profit in building new and higher. So instead of 30 appartments being on that street it would be 10 and a millionaire with no interest in making living space would buy the old factory.
Susan Crawford Around here in 2018.(granted our city is only about a quarter million counting the suburbs) There are dozens of apartments for 500 bucks plus utilities. ($800-$1100 is lower middle class apartments. After those prices you get into houses)
Well I don't know where you live but I'm in Toronto. I was forced into early retirement (my only son died very young, yes I know another sob story but it fashioned my life), so I am alone, don't drive and can't afford a car. I live in a bachelor apt on the subway line. Once you get older you must make sure you are within travelling distance for appointments, shopping, elevators become necessary, etc. I look great and no one would every know I am poor. I'll never use a food bank. Thank goodness my sister helps me out with transportation passes and pays all my dental. I did look into small towns and villages but without a car it would have been impossible especially in the winter and it wouldn't have saved even $200 a month. I refuse to live in a room or basement, too depressing, plus I have a pet.
That’s pretty sad. However, she has many options. Our transit system is pretty good. She can always move to Etobicoke, and get a place near the Kipling station. Rent isn’t as bad there.
How could you pay 2600 for an apartment? I can pay around 1500 for a comfortable apartment in downtown Montreal and my salary is even higher than my colleague in Toronto. That's insane! So insane!
Yes, the property tax maybe 30% and paid maybe once or twice a year but not monthly which is expected from renters. And they still have that expense whether they have tenants or not. So why gouge the the tenants?
The property tax increases in Vancouver and elsewhere in the province are not entirely bad. This city and BC have been criticized for having relatively low property taxes and relatively high income taxes. This is great for investors/speculators but not for the average person. Some pain now hopefully helps stabilize the market, slow down inflation, and allow more than the super rich to live here.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
If an employee at CBC is struggling to live, it doesn't give the rest of us much hope.
HaleyMaryArtzab No. hope in Dope
M
Rees
CBC isn't great pay, sadly. Like 40k for a younger reporter like her. National news hosts make make of course, but your daily crew that's on the ground interviewing folks isn't making much.
@@ulogy 40K sounds like a lot of money, if people can't find a decent apartment making that much a year, then the economy isn't helping people at all.
Are they finally talking about this because it hit their own staff?
They've been talking about it for quite some time. And it was never this bad.
Anthony Oodie I’m gonna go get a checkup, every vaccine available, buy everything I need to survive and hike to a remote area where nobody will ever find me. Who cares if it’s illegal.
That's exactly what I was thinking as soon as I read the headline.
Yep.
2 years old video mate
i own 2 apartments downtown Toronto and i have never ever raised rents on my tenant. The reason is because, if i doubled the rent, i'll make an extra $3K a month. $3K a month is not a life changing amount for me, but it will destroy my tenants' lives. I wouldn't want someone to destroy my life, so why would i do it to someone else??
Which apartments are these? When can I move in lol
That’s very nice and altruistic of you, THANK YOU!!! Thank God there’s still people like you around ... If only all Landlords were like that 😕 As these rent increases without warning are just crazy! SMH! 🙁😪
Address?
I'll move in right away
small increases basic on inflation, is reasonable. But what these other people are being charged it insane! 30%+ or 100%+ should be illegal.
Simp.
60% HOUSING + 20% FOOD + 15% UTILITIES + %5 TRAVEL COSTS = SLAVE.
Voluntary slave.
Which isn't really a slave, if you think about it.
A Voluntary slave enjoying roads, sewers, trash removal, clean running water, modern safe housing, food from all around the world at the corner and so on. I mean, we are not talking about being lashed and living in a mud hut.
well,i can see shy we are in this slave land, and the slaves think thee free, LIKE YOU
We all enjoy a rich modern way of life and it cost a lot to make it possible. In past times people didn't work so much but they had nothing. This way of life you'd call being free is still available. Just find a spot in some third world country where you can build your own mud hut and grow enough food to survive. I wish you the best of luck.
My guess it is %60% take home. I think Canada's tax rate is like 50%, so she is probably making like $80k a yearish.
Net incomes are years behind inflation and costs of living .
Decades....not years
Ts Better change the rental laws first. Ontario has some of the worst rental laws for landlords. I completely understand why a landlord would keep their property empty in Ontario. BC and Ontario are different. What works in one place one work in the other. I see a lot of throwing anything at the wall and seeing if it sticks and that just isn’t a sound solution IMO
You dont have the same problem in the states why? Because government caused the entire problem. Rent fixing doesnt work it only causes less affordable housing to be built. The government cant build affordable housing the economics dont add up. Zoning boards make building housing even harder. The politicians really sold you out because they didnt care about housing they just wanted the increased tax revenue from property taxes. It always always goes back to housing in government. Your gonna see this all across the country it started in Vancouver it's now in Toronto soon it's going to happen in Calgary. Its disgusting that in Canada the second largest country on earth that real estate is as expensive as it is if you look literally a couple miles south in the states the land is infinitely cheaper the taxes are lower the cost of living is lower and it's all because of Canadian government protectionism.
Canada (mostly Toronto-Vancouver) and Australia have some of the biggest bubbles in the housing market getting ready to pop within the next year. Experts predict 30-50% price correction. The global economic crisis is rising and world central banks, like the US FED, Germanys Deutch bank, India, China, and other central banks are in liquidity trouble right now. Plus a huge stock market crash, so switch to cash and hard assets like physical silver/gold. 2020 will be an interesting year for the world to say the least.
@@Matt-zp1jn "Experts". LOL
If you can't afford shelter, you don't earn a living wage.
Firstname Lastname And food/water/human interaction/purpose.
Guess we’re not supposed to notice that fact 😂
She wants fancy no-commute downtown posh shelter. She doesn't want working man's commute from the 'burbs shelter.
Maybe she should find an apartment that fits her salary then..? Not one that's downtown at the waterfront idk sounds like a start though
And this is exactly how I became homeless for 5 years, living in my car. This is happening everywhere. I'm from San Diego, CA, and had to move 1000 miles away to the middle of nowhere to find affordable housing. After 4 years of residence in this small town, our rent was TRIPPLED with a 30-day notice! Greed is rampant. The governments of Canada and the United States need to do something! Not all of us can be millionaires from China.
Wow
gadzooks!!
Jezabel-in-Hell couldn’t move to somewhere more affordable?
I'm blessed with my rent,but here in Denver Colorado just next door the rent for a glorified walk in closet is 1400.00,nuts!
i feel you... im from San Diego too my rent went from 1050 to 3400 in 6 years
I'm not waiting for someone to fix this, I'm out. Bye Toronto. This is beyond ridiculous, an insult to all the people who work hard here.
A QHHT Journey Canada ......you can run but you can’t hide. We need to make a stand. Together. Look at France. Millions in the street and they stay there till is done.
@@johnmartlew5897 Done what? What solution? Mass demonstrations, France style, can certianly make the government react but what is it you want them to do - specifically what law are they supposed to pass that will solve this problem.
I did just that. Left the city, and pay half the rent I did.
The GTA is overpopulated and the cost of living just isn’t affordable with the wages. This summer I’m going up north for a gold prospecting expedition and will be living out of my car for 2 months. It’s better than being a wage slave.
Brandon, that sounds totally awesome! I feel like joining you! ...Now that's a life! Wishing you all the best!
I commend her for being so honest and transparent about this because it’s not easy. Gives an introspective input on what it’s really like in the GTA
"I make a liveable wage" - without a roof over your head...not in that city...
She basically told CBC that she gets paid a crap salary. That was slick! Give this woman a raise!
ForeverStokes Yes it's pretty crappy... Makes more money being a bus driver, so it seems.
Sounds like she's trying to live on about $ 3000 per month max. Sounds great to someone living in Fredericton, but as a CBC analyst in Toronto it's total rubbish.
She's making 2750/month if 1650 is 60% of her wages. That is NOT a living wage in Toronto.
Men have been dealing with this for decades, welcome to the equality club, what’s her big deal here...because she is a women!?
Don’t live beyond your means...many would love to live next to their place of employment...commute!
Women have been dealing with it along with men. More so, since laws requiring equal pay for the same work haven't been in place that long. My MIL worked two jobs to support herself and her four sons after their father ran off. She's 67, and still working a full time factory job.
it's not just in Toronto Vancouver the housing market and rent rates are ridiculous
19k, are u kidding me?
Buddy Van Cigrit a recent business trip to Wisconsin, just a mile from L. Superior and a 3000 sqft house is 60K USD to buy.
Wow that's amazing +Buddy Van Cigrit, I'm in Quebec and it isn't that bad here.
Canada is not bad compared to larger cities. I heard HK cost a few million CND to purchase a 800sqft flat. The average house in T.O. currently is around $800k for around 1300sqft in East York area. So we are not taking it that hard unlike our overseas friends, I guess thats one reason why they flock to USA and Canada and seem to have put upward pressure in our housing market, its because its cheap here relative to where they were coming from. The situation will become increasingly difficult as our population increases worldwide. Now with stress test commencing in 2017, it will be even harder to qualify for a loan to purchase a home. For some new home owners who can bairly afford it, end up needing to rent out a portion of their house and forced to set crazy rents to offset the mortgage payments to make ends meet. As an individual, try to concentrate on building passive income instead taking on an extra job. Search for passive income. Its not an overnight solution, it will take several years to get back onto financial track. However never quit on building it no matter what happens, it will be worth it. There's always 2 sides to a story, everyone is trying to make a living. Unfortunatetly the way our monetary system works may be to blaim, but its quicker and easier to change one's financial outlook and situation than to change how the system works. Anyway that's my personal perspective on this topic you can take it or leave it.
Try Vancouver which is second in North America to San Francisco and New York
Affordable housing is a myth pretty much everywhere. Not just Toronto.
Really? Try Edmonton, Alberta where a good two bedroom apartment costs about $80,000 or a townhouse which today can be bought for around $100,000. Sellers will take any offer in Edmonton today.
Maybe in some of the "no go zones" you find prices like that.
In Edmonton in general the rent went up from $1285 to $1360 on a 2 bedroom apartment.
A small trailer house to buy is listed at $120,000, besides the monthly fees.
I only pay 400$ U.S. where I live monthly. Live within your means and live a happier life.
A mortgage around where I live is $300/month if you want a cheaper house.
in the areas where housing is cheap and/or affordable, work is scarce and wages are lower. Its not that simple
What's crazy is that you actually had a Lake front apparentment, Toronto apartment for 1600 to begin with.
The Random RUclipsr That’s probably why the rent increased more than 50%. The landlord realized his/her mistake in asking for such a low rent price.
It's now 2020 and this was made in 2017...I cant imagine the cost of rent on that same apartment today.
And now it’s 2023. It’s more !!
2023, it is even worse than 2020. and in 2026 if JT stays it will be even worse. I am not sure if it gets better if PP comes in, but we need to change our voting habits to find out.
If you think rent is increasing, just contact the cops. Cops aren't informed due to people not complaining. They would charge the landlords.
The spikes in rent arent only in waterfront and downtown.. Unnecessarily high rent costs are occurant around Brampton, Oakville Mississauga or cities surrounding the gta.
Im a young retail worker trying to save up for college but trying to pay rent and bills on top of a min $500 rent for a ROOM is not ideal for healthy living.
Also! If there happens to be affordable rooms on the market the renters are extremely discrimitive towards potential tenants who are not their prefered race.
I hope the GTA steps up for people who are trying to get their start in life and build more affordable housing.
You didnt bust out the womb paying mortgages, why do you think we can?
Well. I agree with you about some stuff. But if you want to save for college may as well save for a house. No point in getting an education, your place was filled before you even enroll.
It's happening everywhere, not just the Gta.
The womb comment is genius lol
Sorry, no can do. Other people have to get rich of your back!
Well said, and by the time you think you've saved enough for college or a down payment on a home, the costs and interest rates have priced it all out of reach again.
Wow! This is not, as they say, 'sustainable'.....it is just greedy and shame on people who gouge home-seekers.
We need to start buying trailers and live in it everywhere.
Kris K sadly as of September we are living in a trailer. From talking to others... This is becoming a lot more often.
Kris K Or build a tiny home which you see on many videos. Toronto is outrageous with rents and everything else that goes with it.
@@mylifethrivingincanada7643 I was thinking about doing it but with 3 years old kid it's out of question for now.
I like the idea but everywhere ??, what kind of career are you having
Chloe wilson build a tiny home where? You’re aware you’d either have to rent or buy the land right? So that leads where? Right back to where we started from
T Th his is happening all over. Real estate greed has become a huge problem with citizens everywhere.
Landlords needs lock up. Jail time
@@babyloveu67 And then??? Even less rentals available, which puts prices even more. We need more supply. Did you ever take economics 101?? Its anti business laws that make builders not build rental units as it is more lucrative and less headache to build condos.
EXACTLY!!
Hi how are you ?
I'm not bothering you
How was your day
Dreadful events all over the world. London is even worse and I cannot see the end to these levels of greed
London UK?
Yes
Wow lucky you mate, for me even as working as Software Engineer, I need to save for 5 years to get 20% money just to get a condo for $600,000 which seems like it will be 1 bed room only. Might just not buy and lease a condo for long term only. Maybe for 20 years, if I pay 1500, would only need to spend 30k for a condo for 20 years
Toronto is unlivable. It's been for years. Consider the minimum wage: $11.25. Extrapolate full time hours = $1800 a month. Very difficult to find a bachelor less than $1000 (even this is below average). Then you have your grocery bill, internet, phone, transportation, gas, hydro... It is an untenable situation. It is not realistic to say, "move out to the suburbs" because it takes longer to get to the multiple jobs you're juggling to stay afloat - and it isn't much cheaper in Etobicoke or North York anyway. It is deeply exploitative and ethically wrong it is to demand people service a society can not afford to participate in. Talk about classism! Besides, from what I've seen the rentals out in Etobicoke are just bigger for the same prices. Nevermind trying to save some money to improve your lot in life. Something needs to change, because this place is a breeding ground fro social discontent.
i don't mean to be insensitive, but then don't live there would be good advice?
Terence Reeves u can't live on min wage
sounds like you got to be making a ton of money to live in Toronto. Toronto cannot be a sanctuary city for refugees it appears.
Yeah Doug - that's kind of my point.
Terence Reeves Something will change only when it has to. The market dictates what happens. Either people will pay the higher rents, or they wont, which will force rents down, but its pretty much guaranteed that rents will continue to climb. Toronto is growing so demand grows with it.
Shannon thank you for being so honest and open about it. It a problem all of us young people face now and it does not seem to be going away.
To rent a basement apartment is now $ 1200 to start.
My apartment is $450 ..
@@SuicideRedemption where is that please.
That's incorrect, it's $15-1600
@@angelefigueira9065 in Washington state
@@SuicideRedemption thanks
One word: "GREED"
I would have given her my couch. I've been through this too many times.
Oh I’ll just bet most of us would.😅🤣😂👃🏻........💃🏼
means you can't manage your money
Clinton Fischer I gave my couch et al....she burned my house down.
@Harry Smith There is nothing wrong in women being attracted to a man primarily because of his financial stability. Believe me outside Western Europe and North America, this is pretty much a requirement from most women before engaging in any sort of relationship with a man. It's nature/common sense at work. Only in these aforementioned regions is this behaviour shamed as 'gold-digging' and women are expected to love blindly at the detriment of they and their potential offspring.
Hi how are you ?
I'm not bothering you
How was your day
WHY DON'T YOU ADOPT THE RENT CONTROL OF QUÉBEC OR SIMILAR TO PROTECT PEOPLE WHO RENT?
Just putting the left's policies back into place. Amazing how everyone approved of them when McGuinty and Wynne supported the policies, but as soon as Ford does, suddenly the exact same people now oppose them.
Attila Kiss How would I find this information? Thank you.
Rent control just causes scarcity of vacancy.
The city is in the pockets of developers
cheaze69 then build(?)
She’s walking distance from work. Couldn’t she just move a little bit away from the city centre, where there are rent control laws?
She started with 1650. what do you expect, this doesnt sound like she cared; just wanted close to work since work was good enough pay for a 1-person apartment apparently. I pay almost 650 for a 3-1/2 and thats already a decent % of my paycheck and I work full-time.
Yeah she could become a normal commuter but apparently that's not hip so she won't.
It's not only about downtown anymore. A 2 bedroom in our 50 yo apartment building at Don Mills and Sheppard (so very far away from downtown) is now $2600 a month for new tenants, so twice of what we are paying. Hydro, internet and parking is extra. So... yeah.
sociopathic greed is all this is. laws need to be made for these types of people. disgusting
Lmao disgusting she cant afford to live in NEW water front property....boo hoo
Hi how are you ?
I'm not bothering you
How was your day
You can thank the BANKERS and REALTORS.
Banks keep approving real estate loans for unrealistic SPECULATIVE PRICING ....as it increases their PROFITS !!
Same deal with Realtors.
Land lords are only 1/3 of the equation.
It amazes me how the business community thinks that the consumer is a never ending fountain of money .. its gonna end shortly .
The Ontario Conservative party is author of these "laws". They didn't have to be corporate stooges.
They wanted to be.
@@thehellyousay Liberals were in power for 14 years, but yes, let's blame doug ford.
I want to know why you have to live in a new condo along the waterfront to be considered not homeless
Rent control protections need to apply to all rental properties. Point blank.
Lady should have a roomate! No one should spend 60% of their income on housing.
Was thinking the same thing.
You mean landlords needs jailing
Dave Tom yeah, cuz it’s so fun to live with strangers.
She shouldn't have to share the roof over her head.. In order to pay for it 😨
Dave Tom, sadly most have to. She makes more than the average income and is still having trouble making it. So, imagine trying to make it on SS wages (some draw only about $800. a month, others might draw as much as $1200. a month.). Yet, even on the higher end of SS they could never live where she was living before she became homeless. Rent should never gave to be more than 1/3 rd of a persons income. Not to mention that groceries and toiletries have gotten way too high, as well. However, every time the cost-of-living is raised then, everyone raises all these things and more, as well in order to cover their employee's raises and still make their desired profit. Therefore, everyone still ends up in worse shape after the cost-of-living raises come out. It's a really screwed up mess! There needs to be limits on such things, especially insurance and all, too.
I’m from Ontario, living in Alberta now...
And all I know is Toronto is the WORST place to live in. So what if you have a job, what good is it if all you can afford if a roof over your head. Aren’t we supposed to be saving to retire?
How about not spending $2000+ on a sub par apartment just because it’s 20-30 mins from downtown.
I HATE THE CITY OF TORONTO! 🤮
This Hamiltonian now living in Montréal salutes you!
Blame dat joke trudeau
Hi.
What's Edmonton like? Is there a lot to do there? Is it fun? Asking for a friend...
I’ll take Toronto and Montreal over Alberta living any day! The only reason why I haven’t moved to Montreal is because a career in my field requires me to be bilingual, I absolutely love Montreal. Not everyone is paying 2,000 a month in rent to live in Toronto 🙄🙄🙄🙄🙄🙄
just came from watching american news.. man Canadians are just.. calmer..
Lol absolutely
Marijuana is legal. And given the scenery...
How do McDonalds employees survive in these big Cities? Surely there must be someone in Toronto to serve you your Burger?
OLD PEOPLE who already live in paid-off homes, but they got FIRED / TERMINATED from their regular jobs once they got over the age of 60 (that happens a lot in Canada = companies let go of employees at 60). But those old people still need an income to pay heat and food as the old age pension is not enough to live on, so they work in Tim Hortons and McDonalds and other fast food restaurants. Most of those older peope are accountants, office managers, engineers, and other people with Masters degrees, but they cannot hold a job due to their age.
It’s kids of parents who live there and a few old people
I can't give my 2 daughters there own room because the rent is to high. It is absolutely ridiculous
She just needs to move out of downtown and commute. Everyone else does it.
I dont see the draw of wanting to live in a city that literally smells like human waste
😂
If u work there and live outside could cost like 3k for commuting.
Pretty soon the entire polulation of Downtown Toronto will be Chinese.
Damn baby boomers really did have it the best out of every generation to walk the planet
Sean McCall Key word some most Gen X’s have to relocate out of province or country for career or they have to live with parents and save a really good despot for a home.
Thankfully I have the option of both!
But you're supposed to stay b+positive and love your neighbors and look out for your fellow man but when I open my eyes all I see is greed and hate and people taking advantage of people
🤣🤣🤣🤣🤣🤣🤣🤣
Homeless rich people. Dont make eye contact with strangers in Toronto.
What I find personally really disheartening is that this is causing a major spillage of people from Toronto moving to nearby towns and cities like Brantford because it's better pricing than what they have but it's causing the rent to go up so much in these other towns and cities making it extremely difficult for anyone living there prior to this that doesn't own their home. Rent has gone up so high that working fulltime isn't enough to rent a one bedroom plus utilities anymore.. And being single with kids? Forget about it, they won't even consider you because you have one income and they can afford to be choosy with who they rent too because of the influx.
Can you imagine what it's like for people making minimum wage. How come no one reports this for them.
Because we don't matter. The rest of Ontario told us that when Ford was given a majority.
Because minimum-wage workers are a minority.
Something must be done.
Shameful.
The interviewer is being very sweet and considerate. The lady with the rent issue doesn’t have to live down town or on the water.
EXACTLY
@DASO MILITIA you are right! People only think dt core is the only expensive area
She could find a place with roommates or get a studio apartment.
If 60% of the reporter's paycheck is going to an apartment, That she doesn't own. She should consider owning a house instead.
She is financially illiterate......
exactly my thought. I wont be surprised if she also has a $20,000 car debt lol
And where is she supposed to live while she saves up an 80,000 downpayment to do that? And once she has that house, how is she supposed to afford 3000 plus dollars in monthly housing costs?
YOU are both financially illiterate.
Um, an average house cost in Toronto has gone over a million dollars. That's over five thousand dollars monthly in mortgage payments for a 25 year term with 50 grand downpayment. Your household income should be at least 150 grand annually even to approach to this mortgage affordability.
finally some light jn the RIDICULOUS TORONTO HOUSING PROBLEM. .when will you people start to riot and protest about that..something that actually matters. .Cost of living is rising so high it's unbelievable...kudos to this lady for speaking up and sharing her experience.
lol, "riot and protest" in Toronto? you must be joking. they never will. Its polite Toronto.
Yeah, riot to take somebody else 's possession, I believe that's how they did it in 15th century.
FamilyFirst!! Ooaaôoooa
The protesting was happening at city hall by long time residents long time ago. 15% off shore tax did not slow down the richest of chinese investors. Some are now buying properties in seattle causing our house prices to go up!!!!!!
That’s basically all of the US.
This is six years ago? I thought it was yesterday
She could have found a cheaper 1 bedroom apartment if she moved uptown......obviously a water front condo apartment in downtown Toronto is going to be expensive
Lol I love how the reporter beside her thinks she makes a good wage
I think that was to dodge away away from the fact she's homeless. Far too many people find "homeless" synonymous with "unemployable" or "lazy" or "degenerate" and the show probably didnt want the public associating one of their employees with those thoughts.
She does. That's the point of this clip. Shes names enough. But people are being creedy
Blame the easy money from Chinese investors....they're buying property as a safe haven for their money...buying at exorbitant prices n then squeezing the tenants...one solution I see is to use the taxes collected to encourage more building activity...lots of more building and infrastructure (like public transport, parks, etc)...supply and demand
Ban chinese investment is the real answer! and if they do buy..they need to be required to shut down there chinese accounts and live and work in the province and work for a employer in BC canada.
Kay Flip That's funny, I am a Wall St Economist and I agree with the person you are criticising- Chinese investment has been driving housing prices higher. It's happening all over North America.
Easy to be rich in china when you're slave driving and using illegal tactics. We could be rich too if we were raised to be soulless bastards
Simple solution. Leave Toronto. Did it 20 years ago and best thing I ever did.
This is not exclusive to Toronto. This is a nationwide problem and it's only getting worse.
Not really. Manitoba, Saskatchewan and Quebec excluding Montreal are not suffering.
3years and rental increase is spreading like the plague
Vancouver is just as expensive as Toronto. It's almost impossible to find affordable housing for regular working people.
No. Vancouver is even worse.
That’s why I moved away from that insane city
This is why I live in my camper van. I can have the freedom to do whatever I want with it and save tons of money.
2:56 did she just say she pays 60% "to put a roof over my head" ... ya but you don't have to live in a cushy condo by the waterfront and have your own pad .... you could just slum it out with us common folks and live in a let's say regular condo in a lower-cost area of the city or ask CBC to pay you the big bucks ... Don't get me wrong rent is climbing like crazy but that is driven by consumer demand ... it's not like the owners are alien beings that have come out of nowhere they are just Torontonians that have tried to double their retirement money by buying into this market that has opened up by CONSUMER DEMAND that's how the market works... coloured journalism Much!
This is why I left this overrated city
And everyone bring and hire his own in this multicultural ghettos
And they rank it as one of the best cities to live, for what? Spending half of your salary on rent to live in basement and the rest on bills and food. I am talking about someone who got his graduate degree from Canada . The problem how they make you cheap. A manager , who you mentioned, is so cheap that pay you low wages and lower the standard of living in this city and this country. From university degree professional to cheap labor.
She lost me when she said “will we have to commute to work?”
Is that a joke?? It’s a privilege and a HUGE luxury to be able to do that lol it’s not your right most people have to take the TTC, go train, or use a car to get to their jobs lol
If you’re budget if 1650 for rent there are a ton of places a 30 minute ttc ride away from the downtown core
"Learn to code" I heard that on the interwebs lol.
Toronto is a left leaning city...go figure that the people come last. This is what happens to hard working people by parasites who know they can enslave anyone as they please. 5 million for a 2 bd rm home anyone?
greg mac Money doesn’t care about political leanings. Right or left, EVERYONE wants to get paid.
The problem is rent control, not the lack thereof.
so sad to see in Toronto
We need to de-comodify housing.
Similar situations in Orlando.
About 5 years ago I was paying $750 for a 2 bedroom apartment and up to November this year I was paying $2000 after all the annually increases from the past years. Last month I had to find a $1300 apartment that is garbage but it's all I can afford. 2 adults working full time can't barely make it now in this city.
We had rent controls which came to a end because of the claim there was no incentive to build rental properties. Now that the rent controls are gone for buildings after 1991, we still don't see a lot of rental properties being built. Most rental stock has come from condo investors who can charge whatever they want and raise the rent as much as they can with each new tenant. It's now open season on renters as this story clearly shows.
no fixed address is a nice way to say homeless.
Similar story with Stanley Roberts of TV station KRON4 in San Francisco. Worked on the job 20+ years and now can't afford living expenses. He moved to Arizona.
On a side note, Shannon looks really nice in pantyhose :)
I’m on a fixed income.. I can’t make anymore I don’t have a choice. What about us? What about the elderly or the disabled?
Vote for bernie sanders, he will make sure people on fixed incomes have affordable housing and will expand social security and medicaide
@@whitestar8717 Why? Is Bernie moving to Canada?
There's MAID.
shes paying 1650$ a month for rent, which she claims is 60% of her pay. Some simple math indicates shes making 2700$ a month. 1350$ a paycheck. Roughly 17$ an hour. Who in their right mind thinks 17 bucks an hour is a living wage in toronto ? CBC should be shamed on this one pretending shes making a living wage what a joke. Paying someone 35k a year is pretty pathetic.
A 3 bedroom townhouse can be bought today in Edmonton for about exactly $100,00 or one times income. They make about 20 percent more a year than Torontonians. Rents are 20 percent less there than they were 4 years ago.
4 years later and it's not any better for people all over ontairo
You got it, I'm ready to just throw my hands up and go to a tent in Toronto.
I am detecting organized trolling from Toronto landlords
Why has housing gone up everywhere? It's pure greed! Most of a person's wage now from at least one pay period goes to rent!
Renting prices all around the south and eastern areas of ontario are overpriced.
I live in the Kingston area and just room rentals are ranging from about $600-800 a month, 1 bedroom rentals are $1000-1800 and everything goes up from there.
I luckily had some connections and found a room rental in the country 10 minutes from the city, beautiful 1800s stone home, I got a giant bedroom, free internet, TV, everything included for $400 a month. I'm thankful because I have a tough full time job earning min wage.
Prices for everything goes up, but our wages done.
Need of the hour is Japanese style Tiny Single Rooms less than 150-200 sq.ft with ventilation, tiny kitchen and a Toilet-Bath...If its built shouldnt cost over C$600 in downtown Toronto. Toronto building laws should allow and encourage this
That's too small.
the government needs to do better rent control
The government needs to get rid of rent control.
If I have 10 two story apartments for $1,000/month. Then a guy tears down an old 2 story factory building and makes a 4 story apartment complex.(renting for 800 dollars/month)
That made things better. More people can live in the same sized city. Cost and commutes go down.
Now if we had rent control. I'd be renting for $700/month, because I bought the apartments back when rent was cheaper. And the old factory building would still be standing there because there is no profit in building new and higher. So instead of 30 appartments being on that street it would be 10 and a millionaire with no interest in making living space would buy the old factory.
When was the last time an apartment rented for $800 month? 1995?
Susan Crawford
Around here in 2018.(granted our city is only about a quarter million counting the suburbs)
There are dozens of apartments for 500 bucks plus utilities. ($800-$1100 is lower middle class apartments. After those prices you get into houses)
Well I don't know where you live but I'm in Toronto. I was forced into early retirement (my only son died very young, yes I know another sob story but it fashioned my life), so I am alone, don't drive and can't afford a car. I live in a bachelor apt on the subway line. Once you get older you must make sure you are within travelling distance for appointments, shopping, elevators become necessary, etc. I look great and no one would every know I am poor. I'll never use a food bank. Thank goodness my sister helps me out with transportation passes and pays all my dental. I did look into small towns and villages but without a car it would have been impossible especially in the winter and it wouldn't have saved even $200 a month. I refuse to live in a room or basement, too depressing, plus I have a pet.
Susan Crawford
$46,900 54 First AVE, Wawa, Ontario
That's a mortgage under 200 dollars a month.
You could live on a thousand dollars a month there.
this is to move the poor. To herd them together where they want them. away from Prime Real ESTATE.
That’s pretty sad. However, she has many options. Our transit system is pretty good. She can always move to Etobicoke, and get a place near the Kipling station. Rent isn’t as bad there.
our transit system is outdated.
The transit system that's always stalling? Or the go train which the track freezes in the winter?
I think owner of building are killing 2 bed I pay 2200 which is not a good area at all so plz city have to do something .
How could you pay 2600 for an apartment? I can pay around 1500 for a comfortable apartment in downtown Montreal and my salary is even higher than my colleague in Toronto. That's insane! So insane!
Try it being on ODSP...
Are these people mental?? It's called LIFE! Live within your means, go somewhere cheaper to live!
Well, guess what property taxes also increased by 30% here in Vancouver so owners are also under tremendous pressures too which CBC always ignore.
Yes, the property tax maybe 30% and paid maybe once or twice a year but not monthly which is expected from renters. And they still have that expense whether they have tenants or not. So why gouge the the tenants?
The property tax increases in Vancouver and elsewhere in the province are not entirely bad.
This city and BC have been criticized for having relatively low property taxes and relatively high income taxes. This is great for investors/speculators but not for the average person.
Some pain now hopefully helps stabilize the market, slow down inflation, and allow more than the super rich to live here.
Having no address or a place to call your own can cause massive issues mentally!!!! I’m going through it right now and it’s not good...
Me 2
An award winning reporter getting less than $50K a year. Shame on you big corporations, shame on you CBC
Shut your mouth. People have it worse then her
No doubt about that. Which is a very big problem.
it's a shame for toronto
You can buy an appartment for under 400k.....but its in jane and finch 😱
Is full body armour included with the purchase?
what a spoiled child
making less than 3k a month and wishing to live in the best of the best area in toronto, lel
I think there should be a government body, from which you need to get an approval for maximum chargeable rent for a property
Working for CBC and making less than $2700 a month?
No fixed address? We call it HOMELESS in america.
Welcome to the 21st century!
There’s nothing to worry about folks. 71000 jobs gone one month they say not too worry, So why worry about this?
Yeah Thanks Trudeau.... Bring in some more People too be Unemployed.....
Still happening now in the USA
In 2020
No place in the US is like that (sky high rent, mediocre salaries ).
At 5:21 - 'Bravo to you for telling your story' - how does that congratulatory encouragement help pay or lower rent?
Why hasn't the City put in a law to stop rent increases for the new Building's. Disgusting.
Because rent control = shortages, no new housing built and new renters locked out of the market.