Toronto rent prices drop as supply increases - But what about homelessness?
In the above video, CityTV documents that The COVID-19 pandemic has prompted a shift in Toronto’s rental market.
Maleeha Sheikh with how experts say an influx in supply is taking some of the power out of the hands of landlords.
In my view, there needs to be far more leadership on matters of affordable housing though.
And many fellow Torontonians simply cannot afford any rent no matter how low things go.
The result has been growing homelessness along with areas of social despair in Toronto.
There's simply no excuse for a rich city like Toronto having people sleeping on sidewalks and eating out of garbage cans.
Homelessness costs us both socially and financially.
The financial cost of ensuring housing for everyone is far less than the cost to our society of ignoring homelessness.