Kelowna named 6th most expensive rent market in Canada

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The increase has forced many renters to spend upwards of 30 to 50 per cent of their income on housing.

“I came from the restaurant business, I had to close my business in Vancouver. For me, $1,450 is not affordable,” said Danielle Cecarelli, a Kelowna resident.“That’s too much money coming out of your paycheque for rent.”

Kelowna city staff will be presenting a rental housing grant recommendation to council at its next meeting, with a plan to encourage the development of a 102 unit affordable housing project.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines