this post was submitted on 02 Jul 2024
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Living with your parents. Living with your ex. Giving up basic needs like food and clothing.

These are just some of the sacrifices Canadians say they've been making to pay rent amid the surging prices and decreased availability marking Canada's rental housing crisis. Demand for rentals is outpacing supply across the country. A recent CBC News analysis of more than 1,000 neighbourhoods across Canada's largest cities found that less than one per cent of rentals are both vacant and affordable for the majority of Canadian renters.

Meanwhile, over half of Canadian renters are spending more than the recommended 30 per cent of their income on rent, according to a recent survey.

"I think it's sickening," Karen Charmbury, a single mom living in Kingston, Ont., told CBC News.

Charmbury, 47, has to make sacrifices because 100 per cent of her income goes to her rent.

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[–] [email protected] 8 points 4 months ago

over half of Canadian renters are spending more than the recommended 30 per cent of their income on rent

Recommended? Tenants paying 30% of their income on rent are considered rent burdened.