Renters in Hamilton are facing the toughest market since 2002: CMHC report - Hamilton | Globalnews.ca

📆 27-01-23 19:38:00
📰 GlobalNational

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Renters in Hamilton are facing the toughest market since 2002: CMHC report

Accommodations near McMaster University got tougher year over year as the return to in-person learning for the 2022 fall semester dropped more student renters in zones around the learning facility’s main campus.

“The income needed to qualify for a mortgage on the median priced home in the region grew more than actual incomes did,” the report said.

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Renters in Canada are facing the toughest market since 2001: CMHC report - National | Globalnews.caThe vacancy rate for purpose-built rental apartments declined to 1.9 per cent last year — the lowest level since 2001, according to the Canada Mortgage and Housing Corporation. Greedy landlords! Just starting, but bring more immigrants problem w'll solved
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