I don ' t feel bad for renters . Renters will be having themselves quite a laugh when the real estate bubble bursts . Housing prices have DOUBLED since 2009 . No , not just in Toronto and Vancouver , everywhere . Did Canadians become twice as wealthy in just a mere 6 years ? No , I don ' t think so . Rock bottom interest rates and record high consumer debt levels are also adding fuel to the fire . This article also misses a major point of why Canadian renters get a bad rap . Laws are so tenant friendly that they encourage terrible behaviour , just look at that guy in Yorkville that was recently arrested . He has scammed landlords out of tens of thousands of dollars for decades . If a tenant doesn ' t pay rent in a timely fashion , it should be the landlords prerogative to remove them as quickly as they want . If a tenant starts smoking in my condo , I should be able to remove them immediately , end of story .