this post was submitted on 30 Aug 2023
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According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.

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[–] dubyakay@lemmy.ca 2 points 1 year ago (1 children)

I think their question was facetious.

[–] SkepticalButOpenMinded@lemmy.ca 2 points 1 year ago (1 children)

Hard to tell. Lots of Canadians, including probably our prime minister, genuinely believe that high and rising real estate prices is good for our economy.

[–] girlfreddy@mastodon.social 1 points 1 year ago

@SkepticalButOpenMinded @dubyakay

I wish more people understood this.