What has caused this is Toronto's present red hot real estate market which makes any dump that can be gussied up attractive to the developers. We all know its a bubble and like all bubbles will eventually burst, but the question is will it burst it time to save the residents who will be told to.''find a new home''.
For most of them, it won't be easy considering many receive Ontario Disability Support which pays the grand sum of $479 a month towards rent and people on Ontario Works receive up to $374.
The study on real estate speculation, upscaling and conversion, conducted by the Parkdale Neighbourhood Land Trust, was given the hilarious title,''No Room For Unkept Promises - Parkdale Rooming House Study'', One can bet if they promise to kick you out on the street they will do exactly that.
One resident said, ''We are hanging on by a thread, I have this feeling that in 10 years Parkdale will be unrecognizable and I won't be here and I want to be here.'' It could well be that Parkdale will go back to being what it used to be, a residential area for capitalists, which will be another example of how little things change under capitalism despite its technological advances.
Steve and John.
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