Ontario Renters Keep Getting Evicted From Their Apartments Even If They Did Nothing Wrong
Evections are up 294%
It comes as no surprise that living in Ontario can often be a challenge. From high rent to limited living availability, sometimes it can feel like living in the province is impossible. However, new studies show that it's not just high rent that renters have to worry about. In fact, the amount of Ontario renters that have been evicted has increased 294% since the 2015-16 fiscal year and it is not because of their own wrongdoing.
The reasoning behind renters being kicked out of their own homes has to do with the fact that more landlords want to capitalize off of the housing bubble in major cities like Toronto. than they used to be.
The soaring rent prices are an incentive for landlords to evict their tenants in order to put places up on the market for much more than they were originally priced.
Advocacy Centre for Tenants Ontario (ACTO) released its report on affordable housing in Ontario and found that evictions have gone through the roof for this reason.
Evictions, where the landlord is reclaiming the space for their own personal use, have gone up 84% as well. These spaces are often put right back on the market even though they are taken under the premise that the landlord will be using it for themselves.
The supply of affordable units has significantly decreased. There has been a 26% decrease in Ontario for units rented at under $1,000 since 2006. That number is even worse for Toronto, which has seen a 36% decline in units under $1,000.
Meanwhile, Toronto has seen a 323% increase in rentals with prices above $1,500, according to the report.
Now, ACTO is urging the government to introduce legislation that would limit rent hikes through vacancy decontrol.
They are also recommending that the government fund a provincial eviction prevention program to protect tenants who have done no wrong but still find themselves kicked out of their units.
In Ontario, when a tenant moves out, the landlord can reprice the property to whatever they want. However, if a tenant stays in their unit, the rent can only increase by a small percentage every few years.
This is part of the reason we are likely seeing so many evictions and rent hikes.
This not only drives up rents, but does not require the landlord to invest in their properties, meaning properties are getting older, more run-down, and more expensive.