September 14, 2018

Renters income not keeping up with rising rents

 

2 comments:

Anonymous said...

More and more landlords are looking to get 50% of a renter's income just for rent, utilities not included. Which is one thing if the income is $500K p.a., but quite another if the renter is living on the social-security OAP.

Greg Gerritt said...


what makes this even worse is that many places are targeting high end housing as an economic development strategy, which just leads to ever more displaced people.