Canada's landlords now asking a record-breaking average of $2,078 per month: rental report - eviltoast

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.

  • Killing_Spark@feddit.de
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    1 year ago

    Right? Basically everything you buy to actually use does not appreciate in value over time. I get that mortgage is lower than rent because every problem with the house is your problem which also cost money. But it’s insane to me that after you payed your mortgage you basically have more value than you paid for.

    But honestly, good on you.