A massive number of housing completions is part of why rent has been dropping this year in Toronto. But these newer homes also come with a risk of steep, uncapped rent increases: www.theglobeandmail.com/investing/pe...
theglobeandmail.com
New builds drive rent decreases, but also leave tenants vulnerable to steep hikes, experts say
An abnormally high level of housing completions has led to months of consecutive rental rates declines, realtors and economists say