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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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[-] fsxylo@sh.itjust.works 19 points 1 year ago

Seriously, who tf are they renting to? There aren't that many rich people.

[-] schrodingers_dinger@lemmy.world 17 points 1 year ago

It's simple! For me I either have to pay that much, be homeless, move to a tiny shitty city with no work in my field, or spend a year trying to find a decent place that isn't totally unaffordable while thousands of competing potential tenants do the same to renters with vacancies. So fun!

My landlord upped my monthly rent $600 bucks this year because he's a cunt and knows I have no fucking choice except to pay him.

[-] fsxylo@sh.itjust.works 6 points 1 year ago

I had another comment typed before I realized that they don't need to fill every room if they have a small fraction paying their rates.

It's fucking f2p whale economics without the f2p. Nothing against you.

[-] dubyakay@lemmy.ca 2 points 1 year ago
[-] schrodingers_dinger@lemmy.world 1 points 11 months ago

Sorry I'm late with this response, but Alberta

[-] dubyakay@lemmy.ca 1 points 11 months ago

Well, how'd they up the rent by $600? Is there no rent control in Alberta?

[-] schrodingers_dinger@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

Calgary is one of the best places in North America .. for landlords. Tenants have basically zero protections here. Every time my landlord does something shitty and shady I look up the law and landlords always have the upper hand.

All I got was a letter stating that as per my lease agreement, my lease is over and I would have to move out by the end of the month (which was a little over 2 weeks away) or reply to the letter to accept the $1800 (previously $1200) rental price.

Example: Have bedbugs? It's your landlords responsibility to get rid of them. If your landlord doesn't? You can move out. That's what the law states, even though it states it's your landlords responsibility to get rid of them.

[-] dubyakay@lemmy.ca 1 points 11 months ago

Damn. Alberta is really crap. But I've heard that in cities at least like Edmonton or Calgary at least the supply is there for housing.

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this post was submitted on 30 Aug 2023
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