With Toronto’s low vacancy rate, we need more rental housing built now

There are proposals for new buildings, but the NIMBY crowd doesn't want them in their neighbourhoods.

It might feel to those looking for a new apartment in Toronto that there just aren’t that many available. And there aren’t. According to the CMHC, Toronto has a 1.1 per cent rental vacancy rate, well below the 3–4 per cent considered ideal for a healthy housing market. A low vacancy rate means, of course, […]

The post With Toronto’s low vacancy rate, we need more rental housing...

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