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.

  • jerkfaceEnglish
    11·
    1 year ago

    Millenials and GenX are still working on their 40-50 year mortgages. Boombers paid off their 20-30 year mortgages ages ago. Housing prices have to stay high, because that is Boomer’s retirement investment. If housing prices crash, instead of homeless young people we have starving Boomers.