The average asking rent in Canada reached another record high of $2,078 in July. Rents increased 8.9% annually, the fastest pace of growth of the past three months. The 1.8% increase in average asking rents over June represented the fastest month-over-month growth of the past eight months.
How to people manage to RENT a 1 bedroom apartment at $3000 per month?!
That is fucking insane
Grande Prairie, SK?
Ads long as REITs have a guaranteed tax loophole built into their existence this is only going to get worse. Break up the REITs and enforce some rent control.
I don't even know how people are supposed to survive in this country anymore
Homes need to be seized from people or corporations that they are not occupying
August would be the high demand month because of university rentals. December and May low with dropouts and graduations.
Historically what's August increase vs July? Specifying past 8 months send l seems to be aimed at ignoring the usual university demand.
We should eat landlords.
We need to build crappy public housing. Crappy, so homeowners don't get mad at us "decreasing their property values."
Just copy-paste commie blocks out in Mission and run frequent train service into the city. Out of sight, out of mind, but effective at sustaining massive housing supply (on the order of tens of thousands of people) with minimal cost due to prefabrication. Concrete is cheap, so use it.
Look, I love St. Catharines--hometown proud, yo!--but if you said to me "You can live in St. Catharines, or live in Montreal for the same price", well, vive le Quebec!
And Oshawa? Really?!
Can we please ban landlords from existence? Thank you.
Hali out there in NS squeezing into the top 20
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