It's just a practical situation for
a renter in hot markets to stay.
«For a long time now, renters have faced an affordability crisis when it comes to housing, and
renters in some hot markets will still need significant raises just to keep up with rising rents,» says Dr. Svenja Gudell, chief economist at Zillow.
Not exact matches
The jury selection list is based on the province's property assessment rolls, excluding many
renters, boarders, students, seniors, spouses who are not named on property titles, transient and low - income people, Indigenous people and those unable to afford property
in a red -
hot real estate
market.
Nationally, rental rates have slowed and the savings from renewing are not as significant for
renters today; however,
in some of the
hottest rental
markets, where rents are still rising aggressively, continually renewing a lease can mean saving thousands of dollars.»