this post was submitted on 21 Feb 2024
4 points (100.0% liked)

196

19166 readers
214 users here now

Be sure to follow the rule before you head out.


Rule: You must post before you leave.



Other rules

Behavior rules:

Posting rules:

NSFW: NSFW content is permitted but it must be tagged and have content warnings. Anything that doesn't adhere to this will be removed. Content warnings should be added like: [penis], [explicit description of sex]. Non-sexualized breasts of any gender are not considered inappropriate and therefore do not need to be blurred/tagged.

If you have any questions, feel free to contact us on our matrix channel or email.

Other 196's:

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] rekabis@lemmy.ca 1 points 2 years ago

Where I live, that would be pretty much 100% of landlords.

The last time rent on an average 2bdrm apartment was only three times the income of the average-income married couple was back in the 90s. Now it’s more like 50% of their monthly pre-tax income. Or something like 65-70% their post-tax income. For single people who don’t want roommates it’s even worse.

The Canadian housing situation makes the American one look like the bottoming-out of a housing crash.