'How are you going to compete?': Canadians grapple with tight housing market

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'How are you going to compete?': Canadians grapple with tight housing market
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From single parents on the hunt for a place to raise their children to millennials just wanting a rental that won't cost most of their salary, these are stories of how Canadians are being priced out from coast to coast.

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In New Brunswick, the high interest rates made 29-year-old Lauren Fitzgerald dramatically alter her home-buying plans.

"I used the money I had saved for a down payment. And hopefully I'll be able to get a loan that can build me a nice 1,000 square foot house," she said.Fitzgerald said despite the frustration of the experience, she is happy to be moving towards having a home of her own.'It's just wild'For the last two months, Kate Simpson has been looking for a two-bedroom rental apartment for herself and her two children in London, Ont.

Simpson, who worked as a personal support worker before getting pregnant with her son, said finding housing for her family would make her feel stable and secure so she can look for a job."I would love to just be able to work again and take care of my children in a peaceful place and not feel I'm relying on everybody else to do that for me.

In frustration, Anis bought a $7,000 Cartier watch, thinking "at least you have an asset on your wrist."Average Montreal rent: $1,848Alexandre Lagreou has been thinking about getting into Montreal's real estate market for about four years. Roett, who lives with his parents, has been actively looking to buy a two-bedroom condo in downtown Calgary for at least two months.

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No problem . l live at my Moms .

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