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Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca)
submitted 3 years ago by to c/canada@lemmy.ca
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According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.

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[–] 13 points 3 years ago

BoC keeps raising rates so it's obvious that home owners have to raise their rental prices too. How else are they going to get more money out of their investments? Everyone's fucked unless you're rich.

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