TO MAKE TORONTO AFFORDABLE, rents need to go down, and so are the prices of houses

To make the city of Toronto affordable, again, rents have to go down (e.g. by 25% or so) and the prices of houses need to go down and be capped.

REAL ESTATE is the culprit.

The rise is rents and of prices of houses which have become unattainable for most, have made residents , asking for more affordable housing, and FREE TTC, .

And residents will continue to ask for reduced prices in all that exist for the basic items that are a necessity for living .

The list will grow.

This is only the beginning,if things don't change.

Real ESTATE is the culprit: rents must go down and be at a reasonable rate in line AND WITH CONSIDERATION OF SALARIES THAT HAVE NOT INCREASED.

And the prices of houses must cool off now by capping them with the inflation rate of each year as the new way to calculate the new selling price of a house.

NO MORE MARKET VALUE , which is speculative and inflationary.

Rents keep going up each year.Have the salaries been adjusted to the INFLATION RATE? NO.

Have the salaries been increased each year? NO.

But the rents keep increasing each year EATING UP THE PURCHASING POWER of workers, DECREASING IT;

and residents have started TO SCREAM .

We could use the WAITING LIST for affordable housing to know and see in which apartment buildings residents are asking for affordable housing and work with this list in asking for a meeting of apartment building owners .

They would be ask if they could reduce their rent for their tenants and by how much , e.g.25%.

And it must be mentioned that residents in the city of Toronto have been asking for an increase in the minimum wage to $15. an hour which Premier Doug Ford has eliminated by freezing the minimum wage to $14. an hour.

The Premier stated that many workers were fired when the minimum wage went up to $15. an hour.

This request for an increase of the minimum wage is prompted by a desire to meet the necessities of living.

But rents are the reason;

REAL ESTATE is the culprit in the city of Toronto for making her expensive.