Is everyone really paying over asking rent now?

Posted by QueenStEast_060672 • January 19, 2026 • 9 comments

I'm at my wit's end with these bidding wars. Just lost out on a place again because someone offered $150 over asking! How are people even able to afford this? It feels like I'm playing a game with rules no one explained. Is this the new norm in Toronto rentals?