Rents Will Spike Higher
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Rents will spike higher due to a lack of new condo inventory coming over the next five years. Actions by the former Provincial Government and the Toronto Council/ Planning Department have killed new condo applications and high-rise land sales. Without a pipeline of rental product this growing city is going to get more expensive.
Condo costs spike in Toronto, sending renters to small units, outlying areas | The Globe and Mail
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