Parkdale tenants' campaign blames real estate agent for loss of rooming houses
Publisher: CBC News
Date Written: 13/07/2018
Year Published: 2018
Resource Type: Article
Cx Number: CX22927
A look at 'displacement realty' in the Parkdale area of Toronto, where the selling affordable homes at inflated prices pushes new landlords into forcing out old tenants in order to increase rents.
The tenant group - which declined to speak with CBC Toronto citing privacy concerns - is also calling on the city and province to bring rent control to vacant apartments, preventing landlords from charging whatever they want once a unit is empty and "removing the financial incentive to push poor people out of their homes."
While the group is pinning their concerns on one real estate agent through cheeky "Nick-Free Zone" door signs, saying Brewerton alone has helped sell more than 180 units of affordable housing and counting, experts say "displacement realty" is a widespread problem in typically lower-income neighbourhoods like Parkdale.