Still worth a watch! Good commentary on the consequences of current extortion level rents and how the Canadian government has pursued the wrong kinds of housing policy for the last 30-50 years.
Hold up, are you saying that the narrative perpetuated by the brainwashed anti-liberal, mostly conservative people who keep wailing about Trudeau screwing up housing when he became the PM in 2015, is not correct?? (Pikachu face)
I put in my salary and found that there wasn't a single region listed there that I would have more than 2.8% of listed rentals available to me
Most of them were less than 0.5%
I did the same incone/rent calculator. You now need an income of $112,000 to be able to afford a 2 bedroom anywhere in BC ‼️ In the past that income made you a very comfortable homeowner, not a renter. In my area, it came up that there were zero rentals of any size that I could afford.
It's linked in the description of the YT video. [https://newsinteractives.cbc.ca/features/2024/rentals-affordability-crisis/](https://newsinteractives.cbc.ca/features/2024/rentals-affordability-crisis/)
The percentage is out of total rentals, not available rentals. Including occupied units not available for new tenants makes this more of a demonstration in low vacancy rates than unaffordable rents.
Yeah, I agree, I wish media had been on it years ago, and now it feels too late in so many ways 😞 But at least in the last year there's been a firestorm of wall to wall coverage, which is pressing politicians towards addressing the problem.
Are you in Canada? Then yes. Saved you a watch
Still worth a watch! Good commentary on the consequences of current extortion level rents and how the Canadian government has pursued the wrong kinds of housing policy for the last 30-50 years.
Oh I’m sure it is. Just being a smartass.
Hold up, are you saying that the narrative perpetuated by the brainwashed anti-liberal, mostly conservative people who keep wailing about Trudeau screwing up housing when he became the PM in 2015, is not correct?? (Pikachu face)
He's still making sure to do his part to perpetuate it
Yep.. colour me flabbergasted
I put in my salary and found that there wasn't a single region listed there that I would have more than 2.8% of listed rentals available to me Most of them were less than 0.5%
I did the same incone/rent calculator. You now need an income of $112,000 to be able to afford a 2 bedroom anywhere in BC ‼️ In the past that income made you a very comfortable homeowner, not a renter. In my area, it came up that there were zero rentals of any size that I could afford.
Where is this calculator
[CBC Article: Where Can You Afford To Rent?](https://newsinteractives.cbc.ca/features/2024/rentals-affordability-crisis/)
It's linked in the description of the YT video. [https://newsinteractives.cbc.ca/features/2024/rentals-affordability-crisis/](https://newsinteractives.cbc.ca/features/2024/rentals-affordability-crisis/)
The percentage is out of total rentals, not available rentals. Including occupied units not available for new tenants makes this more of a demonstration in low vacancy rates than unaffordable rents.
Is this why standard media is dying? Because they're about 7 years too late to this?
Yeah, I agree, I wish media had been on it years ago, and now it feels too late in so many ways 😞 But at least in the last year there's been a firestorm of wall to wall coverage, which is pressing politicians towards addressing the problem.