Tag: Rental market
Affordable rents: Here’s what you need to make in London (a lot)
Londoners need to make $32 an hour if they want to keep their rent from chewing up more than 30 per cent of their income.
Short-term rentals invite guests to unwind and escape to Ontario’s West Coast
Becky Bosma owns and operates four properties near Blyth
London rents rise at slower pace amid cap on foreign students
A move by Ottawa to cap international student permits appears to be bringing some relief to renters in college towns across Ontario, though the effect isn’t being felt as strongly in London yet, new figures suggest. Average asking rents across Canada grew in September by an annual rate of 2.1 per cent to $2,193 a […]
Tenant living ‘one day at a time’ as eviction deadline passes
Evicted from her apartment, Carol Rogers is glad to have found a new place to live, but fears other tenants who stayed past the eviction date in the building she used to live in could face homelessness. Ken Thompson, one of as many of five tenants still in their units at 435 Nelson St., shares […]
ANALYSIS: Why mortgage changes won’t loosen London’s tight rental market
The federal government’s move to allow first-time homebuyers to extend mortgages to 30 years is unlikely to filter down much relief for London renters fighting a tight vacancy rate and rising prices, industry watchers say.