lodging
Linking immigration to the housing shortage may be missing the problem, experts say
Canada now has more than 2.5M non-permanent residents, a number experts say is driving up rents With rising rents and house prices making it increasingly hard to find an affordable place to live, some are pointing the finger at Canada’s record-level immigration rates. Immigration is not the only thing putting a strain on the housing market. High interest rates, increasing building costs and red tape at the municipal level that can slow down or halt home construction are all part of the picture. But to tackle the pressure being created by immigration,Read more
This single dad makes $75K a year. He can’t find affordable housing in Vancouver for him and his son
Karl Eaton says he needs a place to stay by July 31 Karl Eaton has been working since he was 16 years old. Today he has a full-time job with Telus, making approximately $74,900 a year, but the 55-year-old single father says his take-home pay isn’t enough to afford a two-bedroom apartment in Vancouver for himself and his son. “I’m gonna be homeless in probably 30 days if I don’t find a place that I can afford — reasonably afford — without it taking my whole salary,” he told The Early Edition hostRead more