Victoria housing crunch hitting students hard
The Canada Mortgage and Housing Corporation blames a lack of purpose-built rental buildings for the rental-housing crunch hitting all of Greater Victoria.
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The Canada Mortgage and Housing Corporation blames a lack of purpose-built rental buildings for the rental-housing crunch hitting all of Greater Victoria.
The B.C. government controls rental increases and leans on inflation to set the rate annually.
Supply of new homes in the Victoria, BC, area is expected to fall further behind demand this year, according to the Canada Mortgage and Housing Corporation.
The results of the Canada Mortgage and Housing Corporation's latest report are in, and if you’re looking to rent a unit in the capital region, the results are not in your favour.
Skyrocketing housing prices and a lack of affordable rentals in Victoria have forced families like this one to find temporary shelter wherever they can.