Friday, August 14, 2015

housing-market-risk-high-in-toronto-winnipeg-and-regina-cmhc-says

http://www.cbc.ca/news/business/housing-market-risk-high-in-toronto-winnipeg-and-regina-cmhc-says-1.3189981


"After a trying search, Jacob Butula has finally found a place to rent in Vancouver. But the apartment on the top floor of a house is far from ideal. Only a sheet separates his room from the living room that he will soon share with three roommates.
One roommate has promised to build him a makeshift wooden wall to replace the sheet. But it still means everyone living there will have easy access to his room.
"I hope I can trust these people with my stuff when I'm gone because they can just pull the wood [wall] aside and enter my room if they feel like it," says the 30-year-old Butula
"It's a sacrifice I'm making for affordable rent," he adds, as he moves to Vancouver to finish a master's degree in counselling psychology and complete his practicum.
For now, he believes a temporary wall may be as good as it gets with his $750 a month rent limit." http://www.cbc.ca/news/business/rental-woes-prices-jump-vacancy-shrinks-for-vancouver-toronto-1.3186886