Tag: rent vs income Canada
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Half of Young Canadians Now Spend Over 50% of Their Income on Rent
A new survey shows that almost half of young Canadians are putting the majority of their income toward rent, highlighting the affordability crisis facing renters across the country. Rent Costs Exceeding Income Benchmarks For decades, financial advisers have recommended keeping housing costs around one-third of household income. But according to a 2025 survey by Rentals.ca,…
Canada Housing Market 