Chief economist with the CMHC Bob Dugan explains how rental vacancy across Canada remains low as rent increased to a record annual high not seen since 1990.
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No surprise. The cost of groceries has gone sky high. Large markets like Vancouver and Toronto have always been insanely high. Gonna get to the point where properties will remain vacant for much longer
Be sure to blame the responsible parties: the Liberal and NDP members of parliament and the monetary policies of the Liberal-NDP federal government.
We need to increase immigration to fix the problem!
Get the goddamn immigrants and we can actually get Apartments
How about removing rent controls? Everywhere rent controls are implemented ends up with a shortage of rental units
seems like a problem more immigrants would solve or perhaps a higher carbon tax. not like we aren’t coming up with humane solutions just look at the wonderful MAID program
Thanks, Jagmeet Trudeau! Thanks, Liberal and NDP members of parliament! It couldn’t have happened without your brilliant leadership and outstanding monetary policies!
The rent prices are because of short term rentals and things like air BNB they have f’d everyone looking for monthly rentals over big time