this post was submitted on 30 Aug 2023
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Canada

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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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[–] [email protected] 32 points 1 year ago

I'm an older millenial and me and my cohort didn't have property in 2010. Took us to ~2015 to start having enough cash. Now I see people saying "that is rent is double my mortgage payment"! Not mine. Mine is still higher. Can't wait to have to re-sign with the higher interest rate.

Not a "boo hoo, my life is hard" thing, I see what side of the rift I managed to get on, but it's not totally rosy either for us late movers.