Fifty Percent of Canadian Renters Looking for More Affordable Systems Due to COVID: Survey

To get a better understanding of how COVID-19 has had an impact on Canadian renters, Rentals.ca surveyed more than 16,000 renters across 181 cities, and the results showed that half of the respondents say they will need to find a more affordable place to rent because of the pandemic. Rentals.ca conducted the national rent report in May and asked respondents a number of questions about whether COVID-19 is transforming how they search for a new place to live, if they plan to move or have worries about moving, and how much more they are relying on online tools. While half of the respondents say they need to find a more affordable place to rent, another 20% said they were uncertain about whether they will search for a more affordable rental until they are more certain about their job status. READ: This User-Generated Site Tracks Renovictions and Rent Hikes in Toronto Rentals.ca says the survey indicates one positive side-effect of the coronavirus pandemic – more budget-conscious Canadians, with job losses, furloughs, health concerns, and caution serving as reasons why Canadian renters might move down to save money. Here are some of the other findings from the survey

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Fifty Percent of Canadian Renters Looking for More Affordable Systems Due to COVID: Survey

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Fifty Percent of Canadian Renters Looking for More Affordable Systems Due to COVID: Survey

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