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This 36-year-old Toronto man owns 17 homes but here's why he thinks that's a problem

This 36-year-old Toronto man owns 17 homes but here's why he thinks that's a problem

CTV
Wednesday, October 27, 2021 01:17:58 AM UTC

A 36-year-old man who now owns 17 Toronto homes says there is 'absolutely a problem' with housing affordability and it needs to be fixed.

Entrepreneur and real estate agent Sahil Jaggi said he has been buying homes and turning them into rental properties in Toronto since he first got into the market in 2010. 

At 18 years old, Jaggi, who lived in India, was accepted to Wilfred Laurier University to study finance and economics. 

After he finished his degree, he moved to New York to work as an investment banker and managed to save $80,000.

When he moved back to Toronto, he said he started house hunting.

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