Nearly half of Canadian tenants will continue to rent indefinitely: survey

A new survey finds nearly half of Canadians who rent will continue to do so indefinitely and are not sure when they will be able to enter the housing market. – Advertisement – Renters surveyed by insurance firm Canada Life cited lack of cash, fear and uncertainty as reasons for living on the edge, with … Read more

Rents in cities near Toronto are soaring — with some seeing hikes as high as 54 per cent. Here’s where tenants face the most sticker shock

“style=”border:none;height:275px” Richmond Hill and Newmarket In Richmond Hill, north of Toronto, listed rents are up 15 percent since early 2019 – from $2,273 $2,624; While prices in Newmarket, to the north, are up 29 percent, ranging from $1,860 to $2,400. In those areas, Myers said a lot of the new rents are in newly built … Read more

Stallholders, industry tenants to get help if disruption to chicken supply is ‘prolonged and extensive’: Grace Fu

FOOD SECURITY As a country that imports more than 90 per cent of its food, Singapore faces multiple challenges that can impact its food supply, including climate change, pandemics and geopolitical events, Ms Fu said.  She cited the impact of the COVID-19 pandemic, which resulted in the temporary closure of Jurong Fishery Port, as well as border … Read more

Landlord withdraws eviction-for-renovation notices against Parkdale tenants

Tenants of a low-rent Parkdale apartment complex are celebrating a major win in their hard-fought battle to quash efforts by their landlord to evict them from the building for renovations. – Advertisement – In January, numerous tenants of 12 Lansdowne Ave. said they were served with N13 notices, which indicate that a landlord wants to … Read more

Most landlords prefer to rent to tenants of the same race: CNA-IPS survey

The survey also found that Chinese respondents that had education below the secondary level were much less likely to accept tenants from other racial groups. Fewer than three in 10 (28.8 per cent) said they were fine with Malay and Indian tenants, which was less than half of that for Chinese respondents with university education (66.2 per cent). For … Read more

How the pandemic gave commercial real estate tenants the upper hand

The COVID-19 pandemic has changed the nature of commercial real estate negotiations, shifting some of landlords’ long-held leverage to tenants as cities across the U.S. experience a reshuffling of where business activities take place. It’s also created opportunities for some small… READ FULL STORY HERE

Renting is supposed to offer mobility and flexibility. So why do so many tenants just feel stuck?

– Advertisement – Renters across Canada say that renting, which is generally considered more flexible and affordable than owning a home, no longer offers any of those benefits.Cole Burston/The Canadian Press Wise Publishing’s chief technology officer Nick Schitt and the 43-year-old father of two children, in what he describes as a “nice, strong” pay bracket. … Read more