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.
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.
Yes, and 2000/month rent is unaffordable at 85% of your income.
I wasn’t trying to imply that it’s affordable at that rate, but they said they make 3/4 as much as the rent. Something is fishy about that. They’re either getting ripped off, or they don’t work full-time. Usually part-time workers don’t refer to their income as “salary”.