A landlord’s dream: Why prices are increasing in Calgary’s rental market | CBC News

A landlord’s dream: Why prices are increasing in Calgary’s rental market | CBC News

markets
September 4, 2021 by Bobby Chaim
45
You had people that would have had a roommate, maybe moved back in with their parents,” said Hawkins. “I looked literally all over the city for months on end. “A 14 per cent increase on an $800, one-bedroom apartment is very different than a 14 per cent increase on a $3,500 house. “Just recently looking at all
47366_img.jpg

You had people that would have had a roommate, maybe moved back in with their parents,” said Hawkins.

“I looked literally all over the city for months on end.

“A 14 per cent increase on an $800, one-bedroom apartment is very different than a 14 per cent increase on a $3,500 house.

“Just recently looking at all the houses, they were all within the $4,000 range for like a full house.… It’s very expensive.

“I think you’re going to see a lot more individuals move out of the Vancouver region, the Toronto region, relocate to markets like Calgary because of the affordability.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses.

…Read the full story