Tag: 2024 Canadian Renters Report
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1 in 5 Toronto Renters Spend Over Half Their Income on Rent, According to a New Report

Toronto’s housing market crisis is not limited to soaring home values that price residents out of ownership; renting is also becoming increasingly unaffordable. A recent report by Royal LePage reveals that nearly one in five Toronto renters now spend more than half of their monthly income on rent, highlighting the severity of the city’s affordability…