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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

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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[-] Ryan213@lemmy.world 13 points 1 year 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.

this post was submitted on 30 Aug 2023
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