If council approves a rule at a council meeting, that rule is in place until the next general meeting where the owners are required to ratify the new rule by majority vote, or it will cease to have effect.

Justo Inc. has only been operating in the Greater Toronto Area since September, but the reception it has received from consumers has been resoundingly positive. One reason is that the brokerage returns 50% of the buyer’s fee. For example, if a home is sold for $750,000, the buyer receives $9,375.

It has been frequently reported that the high cost of housing is driving the region’s young professionals into a mass exodus to find more affordable homes in less expensive regions – but that’s a myth, according to one data analyst.