It may be cheaper to stay in a hotel for a month than rent an apartment in Toronto
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- Опубликовано: 30 ноя 2023
- Accommodations at Toronto Don Valley Hotel and Suites cost hundreds of dollars less than the average monthly rate for a one-bedroom.
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Canada is so broken . It’s absolutely disgusting the state of the housing crisis .
Blame Trudeau. He just spent 5.2 billion to the Philippines for climate change and spent billions for clean energy when more than 80% of Canadians do not want EV tax credits or cannot afford to buy EV vehicles. Plus Trudeau spent more money to assist Ukraine then even France which has a GDP almost twice as much as Canada.
Its almost as if we’re at the mercy of giant real estate conglomerates who control the supply of housing or something lol 😅
control the demand*
Shoulda been born upper middle class i guess
Ironically because of rent control.
Importing immigrants has limited housing and increased cost of rent.
They don't care because it will never affect them
That's what the government wants you to believe, in reality there is more then enough housing it's that the government hasn't implemented a rental cap so all these landlords are paying off their own mortgages and their rental property mortgages and still profitiing with the cost of rent
@@NoGripGarage
There is already a rental cap.
@shauncameron8390 I meant for new tenants there is no law that stops a landlord for asking 7000$ for a 1 bedroom apartment. Yes they can only raise existing rent 2.5% but for new tenants they cab charge whatever they want
@@NoGripGarage
"They cab charge whatever they want"? They cab, cab they? Are you sure they cab?
Canada is too expensive now
Thank braindead liberal voters
I get to pay close to $3000 in rent in California for a two bedroom 😭
Included in the hotel monthly rent = daily housekeeping, do not disturb sign, room service.
This country is collapsing 😂
it already did
Canada's relestate market is disgusting.
They just don't make land like they used too
You know things are out of hand when...
word
Madness. Utter madness.
lol Have you seen the prices of hotels now since covid? lol. They all start at $300 a night minimum, especially here in Toronto. $300 a night for 30 nights is 9000 a month lol. Rent is still cheaper here in Toronto than that lol
It would be cheaper just to move to another country.
Hotel can kick out non paid clients at any time, but rental unit cannot. Tenants are protected by law, but they have to pay more for that protection.
We live full time in a motorhome in and around Toronto and work full time , costs about 1100 a month in the winter to heat have water and electric
Thank you Justin!
Housing should be a basic human right and not a commodity.
Start building and give it away.
@@mwatercress Why does the idea of giving ppl houses make you so upset?
@@mathias8627 It doesn't. I would love it if you led by example and built a house, gave it to me, and maintained it. That would be SWEET!
@@mwatercress I said nothing about maintaining it for you but I would happily build you a house, just tell me how to get the materials and land for free and I'd build you such a nice house
@@mathias8627 You could get the land and materials the same way other housing providers do. You defer consumption to assemble capital and then you use that money to buy the land and materials. Much appreciated. Thanks
Just make sure it's not a 6k per night room with a butler.
If you told me just 8-10 years ago America would look better than Canada in a lot of ways i would tell you to lay off the drugs..this country is worse by the day
But poilievre's conservative buddy ford removed rent control so even if you build more there is no garauntee the rent will be affordable.
Life is always more miserable and expensive under conservative govts
Without rent control, the housing supply will increase. I hope all Canadian understand the reality and stay healthy mentally
@@bonbonvegabonyea cos drug was illegal then 😂😂😂😂😂😂
it's basically a slumlord avoiding the rental board and tenat act.
In most of the USA guests get tenancy rights after 30 days, is it the same in Canada? It can cost $10,000+ to evict a problem guest/tenant. In some jurisdictions, you can't terminate the tenancy without cause. Does Canada have a similar situation?
I’m in an Airbnb for 3 months, messaged the owner directly went around Airbnb the owner was desperate and I got a beautiful condo for 1600$ a month all inclusive. Deals are out there
I would rent it out for sub market if the tenants can pay up front. Don’t want any freeloaders / professional tenants.
Those hotel rates gonna hit the roof after they hear this
Depends on what hotel it is. I live in Calgary ill look into this.
Removing the GST from developer costs isn't going to accomplish anything; the cost to the home owner / tenant will still be based on a ridiculous market valuation.
WTH? These kinds of videos about Canada are all over the news and YT now.
Wow....absolutely shocking that this is even a option! It shouldn't have to be this way. The government needs to intervene in the housing crisis RIGHT NOW and do something about it!!!
Eh. No. The government has done enough intervening.
_nothing new_ !!
*seniors / retirees* have been doing this for years
here in Alberta, *oil workers* do this ALL the time !
All thanks to JT and his lovely supporters 😂
Great now hotels will be going up now
As long as the hotel is not the hotel Cecil in LA altho it will probz turn into it at some point
Blame LTB not the landlord for creating this situation. When you lose thousands of $$ from non-paying tenant whom you cannot evict, the cost will be recovered from the next tenant if the rental unit goes into the market. AirBnB is much safer option for the landlords.
This is true. I could rent out my basement, but too many horror stories about unable to evict problem tenents and causing a bunch of damage you will never recover from.
And if you’re an immigrant, you get the Hotel for free…
@@reneeparsons
My girlfriend‘s mother lives in her car.
So despite all the poetry you’ve written, we still have Canadians that are suffering.
True i can stay at a hotel with free breakfast and cleaning service, WiFi, free coffee, free parking, pool and gym north of barrie for $115 a day.
Toronto. The liberal pinnacle of Canada
wahhh stay jell of your rich university educated lib betters who can afford the expensive lib cities lol
Yup immigrants from 3rd world countries 😂😂😂😂
Yeah. They say to the rest of Canada "Just the Tip, I promise".
Keep crying becasue you cant afford the expensive lib cities lol@@TheJlee28
Appears renting has become a big business. Even when mortgages get payed off, rent still goes up. Have to increase the profits 📈
They took 4 hotels off the don valley. Like these hotels were built for corporate travelers. And now the government Purchased 6 in scarborough. 3 of them are 5 mins away from me. 40 million just for 3... 401 and don valley is waste of money. Because the owners know how expensive they are is.
Proof Canada is broken. 😞
Just in case anyone may have forgotten - this is all Trudeau's fault.
Only problem is that there is no stove. I cook for myself.
Buy a portable electric cooktop
Most of the time atleast breakfast is included
@@Landis_Grant you'd have to make sure they allow that
@NoGripGarage Is breakfast all you can eat buffet?!
@Landis_Grant most of the time yeah
Not for long Trudeau 👺🤧
Free advertising. Brilliant 😂
Why not do this in Thailand for $400 a month. You can also choose your ladyboy for an extra $5. Excellent Deal.
This is very sad
Savers gonna save
Hotels should not charge a security deposit. Just wait he'll have families of 10 kids in the one room.
Go hotels!!!
When it comes to housing there is no one size fits all solution.. lol because 3/4 the population is living out of their means
There is a one size fits all solution to Trudeau.
Pierre Poilievre 2024 .....or sooner.
Are there even homeless "New Canadians" or refugees? Only Canadians are having problems getting housing in Canada.
Become an immigrant get everything free courtesy of justin traiter 😊
That’s why new immigrants leaving canada
That’s crazy 😮 wtf whennnnnn?! Over an apartment