Toronto newcomers are paying up to 12 months of rent up front to secure housing

Some newcomers in Toronto say they’ve had to pay between six and 12 months of rent up front to persuade landlords to offer them housing. That’s because they lack documents like credit scores and recommendation letters, so they have to prove their reliability with cash. It's technically legal, but lawyers and housing experts say this unregulated grey zone leaves many newcomers, and other would-be renters, vulnerable to exploitation. #housing #realestate »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Follow CBC News on TikTok: https://bit.ly/3TnHioe Follow CBC News on Twitter: http://bit.ly/1sA5P9H Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Jul 18, 2024 - 01:30
Toronto newcomers are paying up to 12 months of rent up front to secure housing

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Channel: CBC News  

Some newcomers in Toronto say they’ve had to pay between six and 12 months of rent up front to persuade landlords to offer them housing. That’s because they lack documents like credit scores and recommendation letters, so they have to prove their reliability with cash. It's technically legal, but lawyers and housing experts say this unregulated grey zone leaves many newcomers, and other would-be renters, vulnerable to exploitation.

#housing #realestate

»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS

Connect with CBC News Online:

For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Follow CBC News on TikTok: https://bit.ly/3TnHioe
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
Find CBC News on Facebook: http://bit.ly/1WjG36m
Follow CBC News on Instagram: http://bit.ly/1Z0iE7O
Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr

Download the CBC News app for iOS: http://apple.co/25mpsUz
Download the CBC News app for Android: http://bit.ly/1XxuozZ

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For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Video length: 3:40
Category: News & Politics
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