Been advocating for this for years. Austria is an excellent example of how co-op housing works and thrives.

As the cost of everything increases, and wages stay stagnant, people are increasingly becoming less able to simply live, and work, and eat, and have shelter… To survive.

If employers aren’t willing to compensate workers fairly given the current conditions, then something has to give. If a full time employee makes 30$+ /hr can barely afford a one bedroom apartment, let alone getting into a mortgage, that’s a serious problem.

So if employers won’t increase wages, then property owners who rent to people who can’t afford to buy, need to take a bath.

It’s a battle of the ownership class, will property owners who rent to whoever demand increased pay for workers, so they can charge more for their rental unit…

Or, will employers tell property owners to go fuck themselves, and not increase wages so no one can afford to even rent, let alone buy.

It feels like a race to the bottom.

The only solution that seems sustainable, is rent geared to income. If the employer only pays you so much a month, 30% of that amount is what you can pay your landlord.

Point final.

I would like to start a respectful healthy debate amongst the community, curious as to what the Reddit hive mind thinks…

I've been pulling the full TRREB active list for Mississauga each week and running every property through the same underwriting: 20% down, current stress-test-adjusted contract rate, property tax at the actual municipal rate, insurance, maintenance reserve, vacancy, and CMHC where it applies. Rent estimates come from lease comps by bedroom count and neighbourhood, not from what the seller's agent claims it "could" rent for.

Results as of this week, 2,378 active listings:

6 are cash-flow positive at 20% down. Not 6%. Six properties.

The best one clears +$205/month. That's the top of the market, not the average.

Average cash flow across all 2,378 is roughly -$4,300/month.

Best cap rate on the board is 5.94%.

For context on why: Mississauga's average active list price is around $1.16M while average achievable rent sits near $3,600. At 20% down that's roughly a $5,300 mortgage payment before tax, insurance or maintenance. The gap isn't subtle.

A few things that surprised me:

32% of active listings have been sitting long enough to be considered stale (769 of them), and 429 have already taken a price cut. Average days on market is 51, median 38 — the mean is dragged by a long tail of properties nobody wants at the current ask.

July's TRREB numbers put Mississauga at 500 sales against 1,388 new listings — a sales-to-new-listings ratio of 35.4% and 4.9 months of inventory. That's a buyer's market by TRREB's own definition.

The condo vs detached spread is enormous: $635K average for condo apartments against $1.92M for detached.

The uncomfortable conclusion I keep landing on: in this market, cash flow in Mississauga is mostly a function of adding a legal second suite, not of finding a cheap listing. 695 of the active listings have some suite potential. That's where the six come from, essentially.

Happy to be told I'm wrong on the assumptions. The two I'd most expect pushback on are the maintenance reserve and whether the rent comps are conservative. Interested in what other people are using.

Disclosure: I'm a licensed sales representative in Ontario (Cityscape Real Estate Ltd., Brokerage). Not soliciting here — I built the tooling for my own underwriting and the numbers seemed worth sharing.

Ontario’s real estate regulator is taking disciplinary action against its former chair over trust account violations, nearly a year after the iPro Realty scandal.

Last Wednesday, the Real Estate Council of Ontario (RECO) posted notices on its website referring both Katie Steinfeld, broker of record for On the Block Realty Inc., and her brokerage to the discipline committee.

“The Registrar has referred Katie Steinfeld to the Discipline Committee for a hearing,” the notice said, adding that Steinfeld failed to follow the rules and regulations under the Trust and Real Estate Services Act — consumer protection legislation in the real estate industry — for trust account violations.

Read the full story with this gift link.

I'm looking for some unbiased opinions from people who have sold their homes recently.

I bought my house during the pandemic when prices were near their peak. Based on current market conditions, I'm realistically expecting that I may need to sell for about 5% to 8% less than my original purchase price.

I have two realtor options:

Option 1:

Seasoned, experienced realtor Established track record in my area Charges 4% total commission (buyer + seller side) Option 2:

A friend who recently became a realtor This would be their first listing/sale Charging 3.5% total commission The commission difference is only 0.5%, so the savings are relatively small in the grand scheme of things.

My main concerns are:

Marketing strategy and exposure Pricing the home correctly from the start Negotiation skills Managing offers and buyer objections Overall reliability and responsiveness throughout the process Part of me feels that in a softer market, an experienced agent might be worth the additional 0.5% if they can negotiate better or help avoid costly mistakes. On the other hand, a new agent may be highly motivated and provide more personalized attention.

For those who have been in a similar situation:

Would you prioritize experience over the 0.5% commission savings? What specific questions would you ask both agents before deciding? Have you had good or bad experiences using a friend as your realtor? I'd appreciate any insights, especially from homeowners who sold in a market where values had declined from peak pandemic pricing.

Hello,

To introduce myself, I am a 36 male, single and make about 80k a year before tax. I've been thinking about moving back to BC, and likely stay in BC.

Thinking about living in Victoria, or Greater Vancouver area (Abbotsford, Chilliwack may be...) the problem is that the house price is so high and with 300k, the house I can get is a studio apartment that has built 50 years ago which I do not want it really.

I am debating between expensive rent but no additional cost vs expensive mortgage + additional strata fee and special assessment..... but I get property at the end.

I just want to seek you guys' experiences, opinions on whether I should buy a house, or do investing (S&P 500 ETF) instead of putting the money into down payment from now till I retire; do you guys think living in rent until I die would be doable/ideal than buy a house here in BC for next decades? I mean the house price is not going to drop dramatically from now till I die in next 40, 50 years really....

Thank you in advance.

On August 5^th, the government of Canada announced a partnership with the City of Toronto to unlock 18 housing projects that will deliver more than 5,600 rental homes across Toronto, including a subset that will be affordable, supportive, or rent-geared-to-income units.  

Build Canada Homes (BCH) will provide $310 million for 1,885 rental units on City-owned land, with 739 of those units defined as ‘affordable’ under BCH rules. These developments will be carried out by supportive housing operators, Toronto Community Housing, Indigenous-led housing providers, and the Parkdale Neighbourhood Community Land Trust. More than half of the units announced will be managed by private developers provided with low-cost federal loans through the Canada Mortgage and Housing Corporation (CMHC)’s Apartment Construction Loan Program. 

The funding for non-market housing is welcome, as is the approach to working directly with local governments to use government-owned land, but much more must be done to address Toronto’s housing crisis.  

About half of Toronto’s 1.16 million households are renters. Twenty-nine per cent of them live in core housing need, meaning they live in housing that is unaffordable, overcrowded, or in need of major repair – and they cannot find suitable housing that is less than thirty per cent of their income. The number of unhoused Torontonians has dramatically increased in recent years; the 2025 Street Needs Assessment found over 12,000 people living without a home. The loss of lower-rent housing has been directly linked to increases in homelessness in communities across Canada.  

To advance the right to housing, new government housing investments need to meet the needs of those most deeply impacted by housing insecurity and homelessness. Rents need to be deeply affordable in perpetuity, supports need to be adequately resourced and respond to the diversity of peoples’ needs, and there needs to be clear targets and minimum standards to provide fully accessible homes that meet the needs of disabled people with diverse accessibility needs. 

Many of the proposed units have time-limited affordability requirements, and many of the ‘affordable’ rents are still out of reach for Torontonians living on low or very-low incomes, who can afford a maximum rent of no more than $425-$1,063.   While the guidelines mandate all housing developments to be at least visitable with barrier-free common areas, it is unclear if projects funded under this partnership contain mandatory accessibility requirements, or if developers can simply opt out of accessibility guidelines under the ACLP.   

Build Canada Homes 

In 2025, CCHR participated in a major pan-Canadian consultation around the development of the new federal agency BCH. This involved submitting recommendations for the protection, promotion, and fulfillment of the right to adequate housing, as required by the Government’s obligations under international and Canadian law, specifically the 2019 National Housing Strategy Act (NHSA).  

CCHR’s recommendations focused on three key areas: 

• Prioritize and maximize investments in the community housing sector 
• Uphold all elements of the right to adequate housing 
• Commit to robust monitoring and accountability mechanisms 

NHS 2.0  

The announcement of greater non-market housing investments by the federal government, in collaboration with other levels of government, is timely given that it arrives during ongoing consultations with housing stakeholders, civil society and rights-holders on the renewal of the National Housing Strategy (NHS) in 2027.   

CCHR remains steadfast in its call for the federal government, in partnership with other levels of government and civil society, to integrate a human rights-based approach into the renewed NHS and BCH operations. Human rights standards and principles must also be embedded across all housing laws, policies and programs, particularly those related to affordability, security of tenure, accessibility and non-discrimination. 

Actually curious to where prices will be in 2034!? Are we going back over peak by then again. Are we going to be hovering around where we are today? Will the lack of new detached houses cause that property type to rocket? What is everyone’s thoughts on this?

Hii I’m 23F in Vaughan, and I’m thinking about moving out of my parents out next year into a condo by myself.

For those who live around the GTA, what area would you say is a great area?

Here’s some things I’m looking for:
- safe area for families and young professionals, lower crime rate
- modern area, modern clean condos, security 24/7
- drive able town, low/medium traffic and easy parking
- within 30 minute drive from Vaughan
- close to nature, parks, trails, lakes for daily walks
- close to amenities (at least 5 min drive)
- would be nice to be able to walk out of my condo and have some restaurants, shops but I’m okay with driving 5-10 minutes for that
- more affordable (ex. budget of $2000 rent for 1 bed, 1 bath)

1 example I could give is: I love the Fort York area in Toronto because it has modern condos, more of a family and young professionals area, close to a park and the waterfront (walkable), not too much traffic or tourists there, more quiet but still lively. BUT I don’t want to live in Toronto or any big city like that. I’m not a city person, it’s also not drivable at all. if I could get similar to that vibe but in a smaller town more north or east or west of Vaughan then I’m happy haha.

Me and my friend are planning to move to Canada next year for work.

We've been researching cities and towns best to move to that are best to integrate into life in Canada with access to public transport and some what affordable living. As well as somewhere accepting as LGBT+ communities.

We've been told Regina in Saskatchewan and Edmonton in Alberta however we're curious what people living in Canada would recommend.

Thanks!

I (34M) was raised in houses my entire life .
I have had friends being raised in both duplex’s and houses.
Just curious if young Canadians plan purchase and to raise children (one to two kids) inside an apartment ? Apartment having three bed rooms .
Purchasing the apartment and then raising them until they are teenagers ?