4 ms·
Also: Airbnbs. Toronto rents were getting quite high pre-pandemic, but once tourism dried up, and Airbnb unit owners needed to pay their bills they seem to hav
by throw0101a 6y ago
Also: Airbnbs.
Toronto rents were getting quite high pre-pandemic, but once tourism dried up, and Airbnb unit owners needed to pay their bills they seem to have released a lot of stock. The overall average rent dropped 16% YoY:
* https://www.torontorentals.com/blog/toronto-gta-march-rent-report-2021 https://www.torontorentals.com/blog/toronto-gta-march-rent-r...
Toronto has/had a lot of international students as well, and there's a lot fewer of those as well.