Economic think tank report says the minimum wage needs to be $33.60 an hour for a worker to afford a one-bedroom apartment in Toronto — $40 an hour for a two-bedroom apartment
Its not just big metros that are having rental market crisis. My hometown has a monthly 9% increase in the cost of apartment rentals and has for months now. And we’re far from a metro of any kind. Apartments that went for 600/month in 2021 are going for 1500 or more a month now. And a lot of currently available units are even worse off than that.
Its not just big metros that are having rental market crisis. My hometown has a monthly 9% increase in the cost of apartment rentals and has for months now. And we’re far from a metro of any kind. Apartments that went for 600/month in 2021 are going for 1500 or more a month now. And a lot of currently available units are even worse off than that.