HomeMortgageWith rents soaring across Canada, some people are getting priced out

With rents soaring across Canada, some people are getting priced out

For months, Nathan Armstrong has been scrolling through apartment listings from a tiny motel room in Woodstock, Ont. He and his wife have had to live there for more than a year as they desperately look for a place to rent. 

“There’s not a lot out there, and they seem to be going up. Fifteen, seventeen, nineteen hundred dollars for a one bedroom apartment,” he said. “Our price range is disappearing.”

Armstrong described the situation as frustrating and costly. The couple couldn’t even prepare their own meals in the motel.

“It is very, very difficult,” he said. “Hard to cook as we’re not allowed to have our own cooking material. No toaster oven, that’s against the fire code.”

The couple says they faced denial after denial, losing out on dozens of apartments amid stiff competition during their 16-month search for stable housing.

Rents are indeed rising quickly in the area, according to a…

Read more at www.cbc.ca

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