I'm thinking the number of upcoming unit completions in Halifax, paired with the drop in international students, will start to weigh down the price of rents by late 2025. Given the HRM's size, what's possible in Toronto on issues of housing and infrastructure should be totally manageable here.
The difference in Ontario is that fixed-term leases are agreed upon by the tenant and the landlord. At the end of the term, it goes month to month. There is no need to sign a new lease and you can't be pushed out.
Right, this would only apply to folks who have to move. People covered by rent control in Ontario or the rent cap here would have lower rents than current asking rates
I'm thinking the number of upcoming unit completions in Halifax, paired with the drop in international students, will start to weigh down the price of rents by late 2025. Given the HRM's size, what's possible in Toronto on issues of housing and infrastructure should be totally manageable here.
The difference in Ontario is that fixed-term leases are agreed upon by the tenant and the landlord. At the end of the term, it goes month to month. There is no need to sign a new lease and you can't be pushed out.
Right, this would only apply to folks who have to move. People covered by rent control in Ontario or the rent cap here would have lower rents than current asking rates