Winnipeg landlord facing $9K in penalties over mass eviction
A Winnipeg landlord is facing $9,000 in penalties following a mass eviction at a Winnipeg apartment block this summer.
Homelessness in Burnaby increased by 69% in three years
Every year, more people in Burnaby find themselves struggling with housing insecurity, with more people losing their housing, living in vehicles, couch surfing with relatives or friends, or, for some, completely unsheltered.
Average asking rents in Canada reached $2,185 in June as growth slows to 7%
https://www.ctvnews.ca/canada/average-asking-rents-in-canada-reached-2-185-in-june-as-growth-slows-to-seven-per-cent-report-1.6957225
* overall, asking rents for purpose-built rental apartments in June 2024 jumped 11% compared with a year earlier to reach an average of $2,121
* led by Saskatchewan with a 22.1 per cent gain to reach $1,339. Ontario
#Canada #housing #RentalUnits #apartments #rent #inflation #AffordableHousing #corporations #PrivateEquity #capitalism #homelessness
Average asking rents in Canada reached $2,185 in June as growth slows to seven per cent: report
A new report says the average asking rent for a home in Canada reached $2,185 in June, up seven per cent compared with a year ago despite representing the slowest annual rate of growth in 13 months.
Addendae 1
Private Equity Firm Might Be Your Next Landlord
https://www.nytimes.com/2023/08/15/nyregion/private-equity-apartments-nyc.html
* NYC investors buying up 100s of smaller buildings, prompting concerns over NYC’s deepening housing crisis
* private equity firms quietly spent $100s millions buying apartments
* focus on assets -businesses; housing - they can buy cheaply but have big profits
#capitalism #neoliberalism #inflation #PrivateEquity #DerfundBillionaires #HumanRights #AffordableHousing #RentalUnits #greed #avarice #profiteering
A Private Equity Firm Might Be Your Next Landlord
Investment firms are buying smaller buildings in the boroughs from families and smaller landlords. Some tenants are wary.
Rental data shows some municipalities not pulling their weight on new units, analyst says
The Township of Langley and Richmond, however, both saw a net loss of rental units, while Port Coquitlam and Maple Ridge held flat last year.
Victoria Stuart 🇨🇦 🏳️⚧️
BC Info Bot