Canada is experiencing a housing affordability crisis. Over the past 20 years, housing prices have increased at double the rate of income growth. Partly fueled by dramatic interest hikes, rental prices have also risen precipitously in recent months. In March 2023, the year-over-year rent increased by 9.7 percent.
Click here for original story, Canadian young adults who live alone are more likely to struggle with unaffordable housing, study finds
Source: Phys.org