[Ost-news] Edmonton: Rent crunch to worsen, go below 1% vacancy

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Rent crunch to worsen  
Vacancy rate forecasted to dip to under 1%

By KEVIN CRUSH, SUN MEDIA

Think the rental market is tight now? Just wait until next year.

That's when the apartment vacancy rate in Edmonton is forecasted to dip below the current 1% - making it that much harder for already frustrated renters to find a place to live.

"It's just getting retarded," said Jasmine, who asked her last name not be printed.

SIX MONTHS LOOKING

Jasmine said she's already spent more than six months trying to find a decent place for her and her fiance to rent with no luck.

[read more][1]

    [1]: http://oilsandstruth.org/edmonton-rent-crunch-worsen-go-below-1-vacancy

URL: http://oilsandstruth.org/edmonton-rent-crunch-worsen-go-below-1-vacancy