Toronto landlords swipe right as rents near hipster Brooklyn's

Toronto

TRYING to find an apartment in Toronto is a lot like online dating, only more demoralising.

Ask Kin Lau. Normally, landlords would be swiping right on him. He's got a perfect credit score and a good job. But last week he drove 40 minutes to check out a one-bedroom-only to discover another suitor had snapped it up first.

"Do people just not go to see the place before renting?" said Mr Lau, a 25-year-old accountant.

Renting in Toronto is the hardest it's ever been. Home prices have doubled since 2008, so buying is out of reach for many people. That's pushed Toronto rents to record highs, approaching those in hipster Brooklyn and London. Potential tenants are so desperate they're driving the streets looking for rentals and creating web profiles, similar to dating bios, to attract landlords. And prices are l…