Tom Dunn makes an annual salary of $62,000 as a graphic designer and rents a basement apartment in Toronto’s Annex neighbourhood but he fears that he may never be able to afford a larger unit above ground and may one day have to leave the city for a more affordable home.
Dunn, 29, has lived in his apartment for about three years, paying about $1,300 a month. A full-time graphic designer and part-time freelancer he explains that the city’s cost of living has taken a significant toll.
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