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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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[-] phx@lemmy.ca 7 points 1 year ago

100% agree. Nothing pisses me off more than seeing somebody who bought at decades-old prices trying to justify charging thousands, while at the same time not having invested in maintaining the property (and triple that if they pushed out an existing renter or jacked up the rents on them to "keep up with rates")

this post was submitted on 30 Aug 2023
446 points (100.0% liked)

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