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Analyzing rent prices and rental affordability in 8 Canadian cities across the time period of 1992 to 2022: * Average rent prices for 1 bedroom, 2 bedroom, 3 b
by getToTheChopin 3y ago
Analyzing rent prices and rental affordability in 8 Canadian cities across the time period of 1992 to 2022:
* Average rent prices for 1 bedroom, 2 bedroom, 3 bedroom, and studio units
* Monthly after-tax income by city
* Rent-to-income ratio (average rent as a % of average income)
* “Leftover income” (after-tax income minus the average cost of renting a 1 bedroom unit)
* Cost for new renters versus existing renters in each city
Data is from StatCan and the Canadian Mortgage and Housing Corporation (CMHC).