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submitted 1 year ago by mxwarp@lemmy.ca to c/canada@lemmy.ca

The average asking rent in Canada reached another record high of $2,078 in July. Rents increased 8.9% annually, the fastest pace of growth of the past three months. The 1.8% increase in average asking rents over June represented the fastest month-over-month growth of the past eight months.

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[-] girlfreddy@mastodon.social 6 points 1 year ago

@GeekFTW @mxwarp @twistedtxb

I make $1200 per month from CPP and comp, just downsized to a rooming house for $500 per month, pay $500 per month on interest fees for a line of credit I needed when I was off work for 3 yrs (owned a small business) and $50 for phone. The $150 left is groceries.

I tried to speak to my bank about lowering the fees before having to declare bankruptcy but our system doesn't allow that. :(

this post was submitted on 12 Aug 2023
118 points (96.8% liked)

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