Metro News: Vancouver apartment rental rates spike as vacancy hovers near zero

Posted in: , ,

December 16, 2015 | Metro Vancouver News | Emily Jackson

“There’s a sense of desperation you get from people in the rental market, and this report shows this desperation is grounded in reality,” Vancouver-Point Grey MLA David Eby said.

“This crisis can’t continue as it is. It will eventually raise a gate that makes it impossible for people who work in the City of Vancouver to actually live here.” –Quoted from the article

Read the full article here: http://www.metronews.ca/news/vancouver/2015/12/16/vancouver-rental-rates-spike-as-vacancy-hovers-near-zero.html