According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.

  • Metriximor
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    1 year ago

    Fucking hell my salary isn’t even enough to cover 3/4ths of that rent. Pure insanity

    • Anticorp
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      1 year ago

      $15 an hour seems to be about the minimum wage in Canada. $15x40x4.2=$2520 per month. If you’re working a full-time job and you’re making less than that, then your employer is breaking the law.

        • Metriximor
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          1 year ago

          Oh I’m not Canadian, my bad for not clarifying. But I still live on a modern western country with a cost of living similar to Canada which is why I commented

      • pwnna@lemmy.ca
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        1 year ago

        Some people work part time tho because the companies don’t want to pay benefits…

        • Anticorp
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          1 year ago

          I wasn’t trying to imply that it’s affordable at that rate, but they said they make 3/4 as much as the rent. Something is fishy about that. They’re either getting ripped off, or they don’t work full-time. Usually part-time workers don’t refer to their income as “salary”.