this post was submitted on 05 Jul 2023
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Prices are rising but it is still the most affordable.. Not shocking.
The most shocking thing about moving to alberta was discovering that there's no rental increase cap.
I'm not renting now, but I imagine a whole bunch of people who snagged a good deal are going to find out in a year when their rent is suddenly bumped up to market rates.
Presumably the rising prices are to at least some extent a side effect of people moving there to take advantage of the relatively low prices.