Tag: Rental market
London rents rise at slower pace amid cap on foreign students
A move by Ottawa to cap international student permits appears to be bringing some relief to renters in college towns across Ontario, though the effect isn’t being felt as strongly in London yet, new figures suggest. Average asking rents across Canada grew in September by an annual rate of 2.1 per cent to $2,193 a […]
Tenant living ‘one day at a time’ as eviction deadline passes
Evicted from her apartment, Carol Rogers is glad to have found a new place to live, but fears other tenants who stayed past the eviction date in the building she used to live in could face homelessness. Ken Thompson, one of as many of five tenants still in their units at 435 Nelson St., shares […]
ANALYSIS: Why mortgage changes won’t loosen London’s tight rental market
The federal government’s move to allow first-time homebuyers to extend mortgages to 30 years is unlikely to filter down much relief for London renters fighting a tight vacancy rate and rising prices, industry watchers say.
London ‘renoviction’ bylaw approved but tenants unhappy: ‘Next to nothing’
London is set to become the second city in Ontario with a bylaw to protect tenants from bad faith “renovictions” â but it falls far short of what a tenants’ group demanded and won’t be in place for half a year. “I absolutely despise that I need to use this line, but the reality is […]
Tenants’ group frustrated as ‘toothless’ renoviction bylaw moves ahead
London tenants are a key step closer to getting more protection from renovictions under a bylaw approved by a council committee Monday.