Roughly half of young renters and a third of tenants at all ages are spending the majority of their after-tax income on rent, according to a new report.
Experts say the survey, which was published by Rentals.ca this week, shows that the adage of limiting your rental expenses to one-third of your income is simply no longer possible for many Canadians – a situation that could threaten the ability of renters to adequately save for retirement.
I find it sickening that the Globe which advocates for continued mass immigration pretends to give a damn about anyone squeezed out of housing by corporate Canada’s imported scabs.
