#tenantstruggles

MalayalisNearMe Official

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๐Ÿ‘‰In British Columbia, securing a rental has become a daunting task, with Metro Vancouver witnessing Canada's highest rents. Housing experts note a fierce competition among renters, especially in areas like Vancouver and Burnaby, where costs are soaring. Eviction threats are common, often leading to doubling of rents by landlords. Desperate renters resort to selling themselves to landlords, highlighting personal qualities beyond rental history and credit scores. Young families are particularly affected, with rental costs skyrocketing by 21% across Canada since 2022, reaching an average of $2,653 for a one-bedroom unit in Vancouver in February.โœ… . ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐‹๐š๐ฐ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐‹๐š๐ฐ ๐‚๐ซ๐ข๐ฆ๐ข๐ง๐š๐ฅ ๐‹๐š๐ฐ ๐’๐ข๐ฆ๐ฆ๐ข ๐‚๐ก๐š๐œ๐ค๐จ ๐๐ซ๐ข๐ง๐œ๐ข๐ฉ๐š๐ฅ ๐‹๐š๐ฐ๐ฒ๐ž๐ซ, ๐‚๐ก๐š๐œ๐ค๐จ ๐‹๐š๐ฐ ๐Ÿ“ฒ+๐Ÿ ๐Ÿ’๐Ÿ๐Ÿ”-๐Ÿ“๐ŸŽ๐Ÿ—-๐Ÿ—๐Ÿ“๐ŸŽ๐Ÿ– ๐Ÿ“ง๐ฌ๐ข๐ฆ๐ฆ๐ข@๐œ๐ก๐š๐œ๐ค๐จ๐ฅ๐š๐ฐ.๐œ๐š @chackolaw.ca . . #Rentals #HousingCrisis #TenantStruggles #RentalMarket #LandlordTenant #AffordableHousing #BCRealEstate #mnm #malayalisnearmeapp #canadaupdate #canadanews

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6 months ago

MalayalisNearMe Official

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๐Ÿ‘‰The Canadian rental market witnessed its fastest annual growth since September 2023, with the average asking rent soaring to $2,193 in February, marking a 10.5% YoY increase, as reported by Rentals.ca and Urbanation. One-bedroom units rose by 12.9% to $1,920, while two-bedroom units reached $2,293, up 11.3% annually. Over the past two years, rents in Canada surged by 21%, with Alberta leading with a 20% increase. Despite slow growth in British Columbia and Ontario, they remain the most expensive provinces for renters. Shared accommodations also experienced a surge, with a 72% YoY increase in listings.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #CanadianRentalMarket #HousingPrices #RentalSurge #RealEstateNews #UrbanLiving #AffordableHousing #TenantStruggles #mnm #malayalisnearmeapp #canadaupdate #canadanews

92 Views

7 months ago

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