I’ve always open my home until trusting somebody only find out some people have ulterior motives for you so now I’m stuck Just to keep up because of rent being so high. It’s the hardest thing I’ve ever done now my neighbors are part these terrorist that just everything handed to them more than Americans have ever received so we bust ass for nothing as America lab rats

You can't barely live with the Rental prices in Toronto.

TY Debra D

Rental distress is a very real issue. There is NO way to save for a home which would be cheaper in some parts to pay on a mortgage.. and if there was a crisis you could ask the banks to freeze those repayments for a short time or have them adjusted.Rental? You get peppered with emails ,txts or calls from the real estate upon being one day late each and every month. It's relentless and scary knowing you can be served up an eviction notice regardless of how well you look after a property .Edited 01-Oct-24 15:37pm

When Trump was talking about on day 1 was only day he would be a dictator, he was just joking around, I feel. I like Trump.

There’s no enough public housing in New Zealand especially not age friendly places for older people. In many cases councils have give up on pensioner housing which is a shame as there’s a definite need and unlike what public housing there is it was better managed.

hi there Carol R, ty and have a great day..!!!

Ive talked with friends at work who despair of ever owning a home because rents in New Zealand are so high.And getting higher.

Renting in NZ is astronomically high also. I am grateful for owning my own home, after many years of hard work and sacrifice. I think here in NZ there is a huge shortage of tradies and the costs involved with building your own home have increased. Not to mention interest rates sky high. Sadly, apprenticeships are few and far... not like the good old days when training while working to gain a trade certificate was a good option after leaving school. Builders, Electricians, Plumbers and even Labourers are hard to find now! So it's a sad situation for many and the lower and middle income families are forced to pay huge amounts each month for inadequate rental accomodation

its cheaper in san fransisco and san jose ca to rent rather then los altos because buying a house in los altos ca is over 1 million

It's totally crazy.

2000 a family is meaningless uless you say a week or a month

Renting is a problem when you let to many foreigner into a country who buy up properties and leave thise homes empty.. you know who these people are.

Renting is so expensive that you can not save the deposit for a house

I think it is a bit cheaper in Australia .We also save in Western Australia on clothing we do not have the Canadian weather, our climate in W.A.is milder my children & grand children have never seen snow

The rental crisis is not a problem, it's a symptom. As are water shortages, power shortages, traffic congestion, health care shortages and climate change. They are all symptoms of unsustainable population growth. Our birth rate is declining but the governments make up for it by unplanned immigration. They want more people as it stimulates growth. Big business want more people so they have more customers and a bigger employee pool. So we bring in more people in an unplanned way and we all suffer.The NSW government is going full tilt on squeezing more people into places that have good infrastructure until is no longer able to support the people who live there.The world population growth rate is slowing but the population still keeps growing. When will we wake up.

Most landlords left the market as they being tax so much from the government. The insurance, payment, etc cost the price go up. My father rent a place out in old days she $300 a week. As rent go up the lady was paying the same as she moved in the first day. As she left years later came to rent it's my dad said to her if you were here now you had the same rent no more now it's double in price

Our government has decreased taxes for landlords and made it easier for them to evict tenants . They are also removing the healthy homes standards that were put in place so that tenants were not living in mouldy uninsulated and draughty homes. My rent just went up another $40 a week but its a case of pay up or you are homeless. Many of the MPs in power are landlords...what a surprise!

If possible share with relatives

My husband and I were renting when a previous Labor Government abolished negative gearing. Thousands of houses went onto the market overnight, including the house we were renting. When we went to find somewhere else to rent there wasn't anything available because they were all on the market to be sold. Luckily a family was going overseas and asked the agent managing the house we were renting to find a tenant for them and the agent recommended us. The amount of rent took our breath away but at least it was a roof over our head. I don't know what we would have done if it hadn't come along. Some months later the government saw the problem it had caused and reintroduced negative gearing and eventually as more houses were available to rent the rents settled down. It's all about the law of supply and demand, more houses lower rent but less homes the higher the rent.

Rent prices are nothing compared to those dealing with 13 interest hikes in one year increasing mortgage payments by $4000 per month with no house to live in whilst waiting for the builder to finish building a home that has taken over 3 years to build. A loan locked in until build is complete. So if you are complaining about a $100 increase then open your eyes to see how others are suffering!

Just so many people can’t find a place to live and many are out on the streets the numbers are getting really bad.

One of the biggest reasons that all around the world more and more people are homeless...unfair to say the least.

I've got the lowest 1 bedroom rent in Oak Harbor, WA. It's going up from $920 to $1020 soon. Everything else is much higher, so I'll have to live here until I die, I guess. I forgot to mention, these duplexes were built in the 1950's! ;-D

Was only renting in the 80s and put up with some crap places to save for our own house Rent was alot cheaper then

I’ve owned a hoiuse and I’ve rented When you buy your stuck in one place when you rent you are free to move around and have the money to do what you want

Read and weep.

Yes Australia too. I moved regional 13years ago,it was cheaper back then. But know it's comparable to city's. I share a house and our rent for an older home,outside of our small town is $2280 per month. I pay half and that's more than 65% of my pension. I still have to pay water,gas,electricity,phone,and food. It's hard. What's worse is there is virtually no long term rentals anymore. All vacant properties here are air b'n'b. Online holiday rentals. The landlords can make 6months rent in 1 or 2 weeks. It's a no brainer for them,but catastrophic for people that don't own a home and must rent. There is literally no where to go. In our city's like Melbourne,prospective renters even bid for properties, it pushes the cost above the reach of people like me. Something got to change. Or be prepared for many to live in cars ,tents on the streets etc.

Yes renting in Canada is too high

It's the same here in California.

Yes, rent is way too high. I have to live with my parents and when they sell the house I don't know where to go! :(

Eight years ago, we moved from our 5 bedroom, 3,00 sq. ft. home, to a 1600 sq. ft. rented townhome, because the taxes and morgage payments were too high, and we didn't need all that space anymore, because all 3 of our kids moved out. Last year, our rent increased by 10%, which put a real strain on our budget, along with all of the rising prices on groceries and other things.As a result, many other tenants have moved out, leaving several vacant units.Hopefully, there won't be another large rent increase next year, because we love it here, and don't want to move again, but we are both retired and living on a fixed income, Social Security and my small pension. Edited 30-Sep-24 13:49pm

Rental costs are definitely a problem. And it's not just prices too, there's too many landlords out there that think that they can getting away with violating tenancy laws with illegal rent increases, reno/demovictions, or any little underhanded tactic to increase their rent revenue.

My husband & I migrated to Australia back in mid-1975 to give our family a better life. At first, we bought a house which was great. Fortunately, my husband got a job shortly after we arrived & I got a job then in the city. I then lost my job because our youngest daughter became ill & I had to stay at home to look after her. When she became better, I started looking for a job again & got another job in the city. I lost that job because I had to go into hospital for a major operation. About that time, my husband was disliking his job & wasn't happy there anymore, so we used the collateral we had in the house & bought a mixed business/deli & ran that between us. Hard work as we were open 24/7. After 2.1/4 years we sold it & bought a house, which we had for 7 years before we sold that & bought a house which was at the last finishing stage we used to go & have a check every couple of days. We then sold that but after we paid to clear our debts, we had no capital to put on another house. My husband had been working but I lost my job because I had bi-lateral carpal tunnel syndrome & allotted to have wrists operated on at the same time. At that time - this mid-1985 or so, & the interest on purchasing a house was at 17.1/2% which we found impossible to manage on one wage. I put my name down for public housing & during the ensuing years, we rented privately until my name came up to get a house. The first two we were offered were no good for various reasons & when the 3rd offer came up & I got the keys to go & have a look, I couldn't get in touch with my husband quick enough! He was at work. Obviously, we took that offer. If we didn't my name would go to the bottom of the list & we would have to wait all over again. We have been very happy with that choice. It's hard when you see Public Housing houses left in the way that some are. There probably be a few more house inspections to try & keep this type of damage to the minimum so that there are more houses for those on the waiting list.

Rent has been fairly cheap until now , mortgage where always higher but with higher intake of people migrating to Australia we have a shortage of houses

I agree that rental prices are problem in many areas. However, I question why it is a government responsibility to provide affordable housing. I think that it is the government's responsibility to implement policies that lead to a robust economy and an infrastructure that enables people from all walks of life to provide for themselves. The issue is concentration of economic power. People decided that real estate was a way to gain wealth and so companies and individual investors leveraged real estate during the low interest rate environment to purchase multiple properties. People also decided to purchase homes and then renovate them for themselves. These things combined to drive up property prices and reduce the amount of rental stock. Additionally, people chased returns from all asset classes including real estate. They invested in these classes and were able to secure higher returns and rents. So, it's a combination of government policy and individual motivations for higher returns that contribute to the lack of affordability in the rental market. It is also true that people want to live in high demand areas. If the various levels of government were truly interested in affordable housing, governments would leverage public rental stock efficiently - higher rents in higher demand areas subsidizing rents in less desirable areas and investing infrastructure to support these areas. But, what governments tend to do is subsidize rents in high demand areas and not have the funds to invest in other areas or infrastructure.

One thing that was told to me was. IF you get your lender to take mortgage payment out every fortnight it will save money in the long run as interest is calculated on monthly basis.

We have been renting for 6years and have been a model tenant doing all the repairs ect , now the land lord wants to sell,

I know that affordable housing is on top of the list for anyone in Government that they make this something has to be Addressed--Long Overdue!

It’s also an issue here in Australia.

It's the same here in Australia. There was a time a few years ago when people would actually sell their mortgaged home and rent because it worked out cheaper.

It's all over the World I'm afraid. I've been lucky in that I only rented a couple of places, one came with a job, so cheap rent there, then lucky enough to get a Government assisted low interest rate home loan, I haven't looked back, now fully own my own home.

For as long as I can remember (I'm a senior citizen) rent payments have traditionally been higher than a mortgage payment (well, almost). The problem was always getting the down payment together. Home prices have risen at an unheard of rate. Here in Canada, the mortgage insurance company has raised the down payment thresh hold and the payment hardship test limit. This makes home ownership extremely hard, and in a majority of cases, down right impossible to accomplish. Between the three levels of government and the out of control developers the scale is certainly stacked against people with average or lower incomes.

Get a loan if possible because rent is dead money and you would be better paying off a house for that much. Know it's not always possible and tenants came be a nightmare. I personally would never rent any thing again after doing it for 4 years. Buy a fixer upper or some thing away from town. Buy a unit if can't afford a house. I know landlords ask for the world in rent in some cases. Some are doing tiny homes which may work for a bit if you know some one with land or into a caravan park (RV park). Rent a cabin in an RV park, they can be affordable depending on where you are. I guess go with what suits you and what you can afford and where your family may fit. RV parks there are other children around and a play ground, some have swimming pools. There are options. Keep your mind open and try it, if it doesn't work out, try some thing else.

it might be cheaper in the city

Lack of trade training has been a decades long issue with all sides of government pushing the line that University qualifications is what everyone wants. This has been and has always been an elitist attitude by University trained people in authority. Not everyone wants or needs to go to University. It is only recently that this approach to education has been debunked, but it will take a generation to fix the shortage that attitude created. However, lack of trades is only part of the problem. Housing supply has been severely affected by successive governments not being directly involved in social housing. Farming out this type of government responsibility under the guise that Private and non profit organisations can provide the service cheaper and more efficiently is another failed concept adopted by all governments for decades. What needs to happen is Governments to re-establish their own housing organisations and build houses for low income people itself. In the 1950's and 1960's, Government authorities built low income housing in large quantities. Whilst these houses did not have multiple bathrooms, enclosed garages, games rooms etc., these houses were cheap to build, and cheap to rent. This had a 2 fold effect on housing and rental prices. It meant that low income people had affordable rental to get themselves financially more secure, and it provided a lowering pressure on owner occupier housing costs by keeping low income people out of the private market, and also added significant housing stock to the nation, reducing the incentive for private builders and houses on the market to increase in cost at this currently unsustainable rate.

hi Carol R

its a struggle

Renting is stupid, firstly you never own the place you live and secondly, you're always at the mercy of you're landlord. I've paid for my home now, it's been a struggle but now I'm reaping the benefits.

I think under supply of tradesmen is one of the main issues in the housing crisis. Investors cannot build without someone to do the physical work. I have been dealing with tradespeople in Sydney recently and found they are unreliable and do not turn up when they say they will. I have been told that often they have several jobs going at once and then only spend a short time at each to just keep the job progressing. We can import tradies, but where to they live. I feel we need to make the trades as attractive now as in the past. It was a real pride for someone in the family to get a trade, but now we want our kids to go to uni to get a good job. A trade is a good job and after a poor wage start as an apprentice, is a good paying job.

The problem is faceless corporations that have become involved. The answer lies in the progressive taxation of the income from properties to deter these corporations but governments are scared to do this Their existence is controlled by these forces

it seems expensive everywhere

It is difficult to even find a house for rent on the Gold Coast, Queensland AU Even small houses or units start at about $1000 per week and with the cost of electricity I feel sad for young ones just starting out as they need to have enough to pay a deposit on both rentals and borrowing money to buy something.

If your going to be paying off a house let it be your house not ur landlords

Every endeavour should be made to purchase your own home paying rent is making someone else rich.

rent dose indeed go up each yr , causing people to move to a cheaper place or become homeless

Average rent in Perth is $600pw if u can find a rental property! So glad I own my house!

Don’t leave home until you are 50

The average rent in Melbourne, Australia is $400 a week. It's been going up 10% (or more) a year since COVID. That means that in 5 years it will been around the $650 a week range. That's 70% of my wage. It's actually cheaper to pay off a house but of course you need 20% deposit. And how you are suppose to save $100,000 when all you have left is 30% of your wage to pay for food, bills and living expenses?

It's ridiculous.

Yes with the tax concessions given, it has pushed the price of buying a house out of reach of most, and feathered the nest of landlords and banks, who keep pushing rental prices out of reach of normal Australians.

TYVM AGAIN N...

hello, ty N, HAVE A NICE TIME..

Yes in Australia the rent is going up al the time which is making more people homeless that way i bought a house for my daughter who was a single mum and could not afford a house her rent at the time was more than the house payment so now she is much better offEdited 01-Oct-24 06:32am

In Australia rentals are jumping up in price and it is getting very hard to find somewhere to rent. (100reds lining up for one place).

I rented till I saved for a deposit and went without new cars and holidays

everything costs and not getting cheaper

I sacrificed a lot to save enough for a deposit to buy my home for my son and I. Renting and mortgage is a scam. I'll pay double what I borrowed just as renters will pay for not just the landlords mortgage but no doubt the next holiday. I'd love too say stay positive people but with this economy both here (Aotearoa/New Zealand) and around the globe its easier said than done. Bless you all 🙏🏽🙏🏽💙💙

HI TY Anthony

Rents have become very high, mortgages are ridiculously high as well. Rich people getting richer & the rest are falling further and further behind. Greed is the main driver. Greed of companies & of individuals & real estate agents who are forever pushing to raise rents & sale prices so they get a bigger cut. I fear for my kids generation & the next. They have no hope of owning a property. Many carry huge HEC's debts they accrued trying to ensure they could have decent paying jobs. If mummy & daddy were rich they could pay upfront & get a discount, whereas those who don't come from money are burdened for years as the debt is indexed each year. Those on any sort of welfare payment have no options for rentals or mortgages. Unless they have supportive family they are becoming homeless. Working families are becoming homeless.More people who have never sort support for food or utilities or anything else are increasingly turning to food banks & other welfare supports.It is scary out there.Edited 30-Sep-24 07:05am

Fortunately we haven't had to rent for many years as we have owned our own home also for many years, but I know my daughter and her husband struggle with it as it is so expensive. The owners of these properties must be laughing all the way to the bank. Unfortunately there is probably not much the government would be able to do about it.

the government must create policy to cap rent

These rent problems is about the rich making themselves richer. The more they get the more they want, so they put the rent up it's about all greed. The governments are going to have to step in and control the renting problem

Rental properties in NZ are affordable when two incomes are coming in, or many are sharing accommodation, and if you are a solo parent you are supported by the government with accommodation supplement, unfortunately due to the recession we are still coming out off, after Covid lock downs, we’re facing much more homelessness. We live on a shared family property, intergenerational living, which works for us, and many families are opting for this lifestyle…

Rental is high in Australia also and I doubt it will ever go down but will probably increase

Rent keeps going up

rents keep going up here but soon I know they will go down,YEA..!!!

View conversation the other hand the weather is playing like

I am guessing you don't understand 'how' CAPITALISM works in REAL TIME!

Foreign investors, illegals and Vrbo's have artifically increased housing costs.

I live in upstate PA near Hershey and yet although I only pay $700 USD per month for my 2 BR house, it is sgtill half of my SS and pension funds for the month. Canada has always been expensive. After all, it is the largest country in the world. Even Russia is smaller than Canada.

The government needs to stop letting more people into this country we don't have the infrastructure to support it. I was lucky to get a small 2 bedroom apt fairly cheap but it was slapped together and I hate that I can't afford anything better for my daughter and myself. I'm on a disability and living in a crappy apt just adds to my depression

There is a housing problem. Nit enough homes so people have to rent which is very high

Companies are making more billions than ever and the price gauging has become pure greed by these companies. The governments all have committees which the tax payer pays millions for to come to the conclusion the housewife knew about months if not years before. Just ask them. When I was a teen/young adult I stayed in the family home along with my 3 sisters and we paid board. We also did housework to help out and worked full time jobs. Some areas in Australia for a 2 bedroom town house the weekly rental is $700 plus but homes are much higher plus water, plus electricity, etc. and of course usually a 4 week rental bond as well.