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Common Tenant Problems - Rent

This section is for renters to discuss issues regarding Paying your Rent.

In addition to this forum there are some terrific information resources available on this topic:



If you are Having Trouble Paying Your Rent...

If you are having trouble paying your rent then you may be able to find help from the Toronto Rent Bank.  The rent bank provides interest-free loans to qualifying individuals.

Neighbourhood Information Post (NIP) also provides financial help to people in need.

The City of Toronto also has some applicable information here: Get Help Paying for Housing.


Author Topic: CTVNews: Rent prices grew at record pace in 2022...  (Read 8208 times)

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Andy

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CTVNews: Rent prices grew at record pace in 2022...
« on: January 26, 2023, 04:29:37 pm »

Saw this on CTVNews website, and thought it was apropos...

Quote
Rent prices in Canada grew at a record pace last year as the country saw the lowest vacancy rate since 2001

"Lower vacancy rates and rising rents were a common theme across Canada [-] This caused affordability challenges for renters, especially those in the lower income ranges, with very few units in the market available in their price range."

The [vacancy rate] tightening was stark in [-] Toronto, which dropped from 4.4 per cent to 1.7 per cent.

Rent prices grew at record pace in 2022 as Canada saw lowest vacancy rate in decades

 

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