Rents rise fastest with big, “financialized” landlords

A new study shows just how aggressively so-called “financialized” landlords push up rents. These landlords—asset managers, Real Estate Investment Trusts and pension plans—own about 20 per cent of purpose-built rentals in Canada and exist to maximize profit for shareholders. The study shows they charge rents significantly higher than all other types of landlords–$670 above neighbourhood … Read more