Some new landlords are losing money. With rates rising, tenants could see rent hikes - The Globe and Mail


5/2/2022 12:00:00 AM3 yearsago
by Erica Alini

Climbing borrowing costs increase the pressure on real estate investors who can’t cover homeownership expenses with rent. But soaring rates could cost tenants, too

Condos are shown in Toronto's Liberty Village community on April 25, 2017.COLE BURSTON/The Canadian Press As high as Toronto and Vancouver rents may seem to local tenants, landlords are often losing… [+9390 chars]

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