Just as house prices in Canada start to cool off, rent costs are heating up. What’s driving the increase? Declining affordability comes to mind as high home prices push more would-be buyers into rentals. But are other factors at play? And just how pricey can the rental market get? On this special episode of the Ten Minute Take, Rachel Battaglia from the RBC Economics team talks us through the ups and downs of Canada’s home rental market-and what’s next.
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