'There's a real crushing effect': Number of renters in Ontario rising alongside costs, housing index says
The number of people renting in Ontario is going up, and so are rental prices, putting more pressure on an already precarious housing system.
So when’s the housing bubble bursting?
- Thread starter Dr. Truth
- Start date
180+ asks for $2,400 Burnaby one-bedroom show how desperate the rental market is | Urbanized
Even the broker renting the brand-new unit is shocked at the amount of interest it's generated in Metro Vancouver's red-hot rental market.
dailyhive.com
Canadian renters in major cities can't afford to switch to homeownership | Urbanized
The combo of soaring home prices and high mortgage rates is making buying a starter home for renters increasingly more difficult.
dailyhive.com
This is how much money you need to make to live alone in Vancouver | Urbanized
On your own? It can get pricey to get by in a city like Vancouver where the cost for rent, groceries, and basic necessities is high.
dailyhive.com
BC leads country in spending "crisis amounts" of money on rent | Urbanized
Many BC residents are spending "crisis amounts" of their income on rent, putting them at risk of homelessness.
dailyhive.com
Vancouver sees big dip in construction of new homes in May | Urbanized
The construction of new homes in Vancouver and the province of BC fell sharply in May of this year compared to last.
dailyhive.com
Burnaby to create its own housing authority under a municipal corporation | Urbanized
The City of Burnaby will launch its wholly-owned Burnaby Housing Authority by late 2023 to help catalyze more affordable housing.
dailyhive.com
Landlord keeps vacation rental deposit over beet juice stains | Canada
A vacation rental agreement ended up in small claims court after beet juice stains and other damages forced the landlord to keep a deposit.
dailyhive.com
One-bedroom rent in Vancouver reaches "all-time high" | Urbanized
One-bedroom rent in Vancouver is ultra-expensive, breaking its own previous record this month according to the latest rent reports.
dailyhive.com
Views for days! Breathtaking $9.5M penthouse for sale in Vancouver (PHOTOS/VIDEO) | Urbanized
Luxury living in Vancouver comes at a cost! A penthouse is on the market for a cool $9.5 million and we got a tour of the stunning spot.
dailyhive.com
Canadian mansion with its own nightclub still up for sale with $20M price drop | Canada
A massive Canadian mansion with its own nightclub was up for sale in June last year, and is still on the market — but for a much lower price.
dailyhive.com
In 2019, the mansion at 2275 Doulton Drive was listed on the marketplace for a whopping $50,000,000. Last year, the price fell to $37.5 million, and this year, it has plummeted to $29,900,000, according to Zolo.
Shit is depressing. 
Renters in 36 of Canada's largest cities can't afford to buy a starter home: report
Data from Point2Homes reveals that renters in 36 of Canada's 50 largest cities earn 60 per cent less than the minimum required income needed to buy a starter home.
33:13
north carolina
I gotta disagree about NWA. Rogers, Ft Smith, and Fayetteville housing prices are the same as most areas in Texas, at the very least it a minimum difference.
What happens if you only pay interest on your home?
As elevated interest rates hit the housing market, some people have been extending their amortization period out several decades and are only paying interest on their homes.
Can't afford your mortgage? Here's what you need to know before you sell your home
Mortgage delinquencies are expected to rise by more than one-third of current levels over the next year, according to some economists. If you anticipate being unable to make your payments and decide to sell your home, here's what an expert says you should consider.
I lived in Manhattan and Brooklyn as a youth for about two years
It was cool cause I had room mates and used all my money on clubs concerts and restaurants.
I went back there recently and I can understand paying that much in cali but def not in nyc
And yes, these are real listings on Zillow.
There's some serious money laundering going on or somebody is getting ridiculous cash outs.
Realtor, sellers sued over alleged oil tank contamination at Burnaby property
Xiao Li Chen says she paid more than $500K to clean up contamination she claims came from an underground fuel oil tank at a property she bought on Holmes Street. Now she's suing her real estate agent and the couple who sold her the house.
www.burnabynow.com
Realtor, sellers sued over alleged oil tank contamination at Burnaby property
Xiao Li Chen says she paid more than $500K to clean up contamination she claims came from an underground fuel oil tank at a property she bought on Holmes Street. Now she's suing her real estate agent and the couple who sold her the house.
My aunt had a similar situation at her place in East Van some 10 years ago or so. She moved back to her old place that she'd been renting out since the early-90s, and had to pay thousands to get it removed from the southwest side of her backyard. Didn't have the contamination issues as alleged in the article though. Just a hassle.
The World’s Empty Office Buildings Have Become a Debt Time Bomb
From San Francisco to Hong Kong, higher interest rates and falling property values are bringing the commercial real estate market to a perilous precipice.
www.bloomberg.com