Metro Vancouver bureaucrat Don Littleford has put together a web site seeking personal stories and anecdotes about a perceived ‘Vancouver rental crisis’. The site is at http://RentersSpeakUp.org and is now starting to collect feedback. Their estimates are that there are 80,000 families here who spend more than 30 percent of their income on rent, and 30,000 households who spend more than 50 percent of their income on rent.
Vancouver falls behind most other Canadian cities when it comes to wages, so it’s not a surprise that financial pressure is put on many household even with our relatively low rents compared to sales price. Here’s a news story about the site with more information, and here’s the site itself if you feel like commenting on the rental situation in Vancouver.