… Around 21,000 beds will be added to student residences in the 24 largest domestic markets by 2025, according to a report from real estate consultants Cushman & Wakefield, published earlier this year. At recent rates of admissions growth, that would cover just a portion of the incoming wave of students.
This pushes more students into the private rental market, where they compete with other residents for a limited number of housing units in supply-starved cities.
“It’s not just international students having trouble finding housing. That has an effect on the local market,” Mr. Usher said. “And it’s a tax that institutions are placing specifically on low-income families in those communities.”
Ms. Verma moved from Sydney to Halifax in the fall semester, as part of a required co-op term. Now she can’t find a room back in Sydney. She may commute – a one-way drive of five hours or so – to her final two classes.
“There is literally no space out there. I can’t even express how we are feeling. It’s really terrible,” she said.
Canada’s immigration policy is of no benefit to citizens, it is designed solely to provide the corporate class with the compliant bodies needed to depress wages and furnish a vote bloc for our corrupt politicians.
