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.

  • Franklin@lemmy.world
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    1 year ago

    At this point I think I’m with Singapore on land and housing being a publicly controlled good

    As it stands now our housing market is just an inflation resistant bank for the wealthy

    They just named the price they’re willing to rent it at its entirely secondary to their goals and so it doesn’t serve the housing market