Cloé St-Hilaire
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closthilaire.bsky.social
Cloé St-Hilaire
@closthilaire.bsky.social
Vanier Scholar | Phd Candidate @ UWaterloo. Critical urban planning, Housing, Financialization, Digital tech | She/her/hers
These rent increase strategies are also more intense in low-income & racialized TO neighbourhoods. Nbhds with high rent premiums are often low-income & high % of visible minority population.
April 25, 2025 at 2:01 PM
We found that financial LLs charge the highest rent increases btwn quarters, with 5% or $96 increases. Financial LLs target affordable buildings (w/ the most *runway* for rent increases) & capitalize on the rent gap.
April 25, 2025 at 2:01 PM
We use quarterly rent data from 2022 to 2024 (by unit size and building class) and find that financial LLs charge 44% more compared to the avg CMHC neighbourhood rents, much higher than the runner-up, chains, with 30%.
April 25, 2025 at 2:01 PM