I'm lucky. My family has been in this rental townhouse since the early '70s, about 40 Kms from the downtown core of Toronto. I'm still just under $1700 a month, at least until my next increase.
It's a problem in Toronto as well. Foreign investors buy condos, to park their money and declare as a residence, then they remain empty for years. Sometimes they'll declare multiple addresses as their "home", in order to dodge the additional taxes and fees, and it's up to the government to figure that out.
