Quote:
Originally Posted by blankall
You're likely a bit sheltered from it living in Calgary, that saw a post-oil crash glut of rentals, but the majority of the country has been suffering an affordable rental crisis for quite some time, that dramatically worsened this year:
https://rentals.ca/national-rent-report |
Just checking rentfaster in the Calgary and surrounding area, rents have increased 30+% in the last year. Basement suites are going for 1200+ on the low end. We are right in the middle of the spike, and there's no guarantee of reduction if housing stabilizes.