NailBomb (I ❤ White Replacement) 🇨🇳 🇸🇴 🇲🇽 on Nostr: The Federal Government claims immigration isn't making rent and house prices ...

The Federal Government claims immigration isn't making rent and house prices unaffordable for Canadians.

Also the Federal Government:

>...any pressure on housing markets from incoming Canadians initially shows up in rental markets

>The federal government’s expanded immigration targets has brought more people to Calgary looking for a place to live. Interprovincial migration has also been driving up demand.

>According to Rentals.ca, the average asking rent for a two-bedroom place in Calgary in July rose 14.5 per cent compared to last year, beating year-over-year rent increases in Vancouver, Toronto and Montreal