▲ 450 ▼ Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca) submitted 3 years ago by sik0fewl@kbin.social to c/canada@lemmy.ca 137 comments fedilink hide all child comments 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.
[–] rab@lemmy.ca 25 points 3 years ago (2 children) People are spending most of their income on housing permalink fedilink source parent hideshow 2 child comments replies: [–] MinusPi@pawb.social 7 points 3 years ago* (1 child) I'm American, but I can't find a place to rent that doesn't demand an income of 3x rent. Is that not a thing in Canada? permalink fedilink source parent hideshow 1 child comment replies: [–] DerisionConsulting@lemmy.ca 2 points 3 years ago When I was renting, places were looking the combined income of everyone living there (and any personal guarantor(s)) was at least double the rent, or that you had a long rental history that showed that you could pay. permalink fedilink source parent
[–] MinusPi@pawb.social 7 points 3 years ago* (1 child) I'm American, but I can't find a place to rent that doesn't demand an income of 3x rent. Is that not a thing in Canada? permalink fedilink source parent hideshow 1 child comment replies: [–] DerisionConsulting@lemmy.ca 2 points 3 years ago When I was renting, places were looking the combined income of everyone living there (and any personal guarantor(s)) was at least double the rent, or that you had a long rental history that showed that you could pay. permalink fedilink source parent
[–] DerisionConsulting@lemmy.ca 2 points 3 years ago When I was renting, places were looking the combined income of everyone living there (and any personal guarantor(s)) was at least double the rent, or that you had a long rental history that showed that you could pay. permalink fedilink source parent