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Calgarians struggle with rising rental prices, but experts say rent control isn't the solution

Calgarians struggle with rising rental prices, but experts say rent control isn't the solution

CTV
Tuesday, June 13, 2023 04:48:59 AM UTC

Many Calgarians are struggling as the rental market remains hot, driving up prices and tightening supply.

Many Calgarians are struggling as the rental market remains hot, driving up prices and tightening supply.

Maggy Wlodarczyk has been living in a one-bedroom apartment downtown with her teenage son for the past three and a half years.

She sleeps in the living room, while her son has the bedroom.

"It's cramped … it does have quite an impact on my life, in terms of things like not having my own privacy," Wlodarczyk said.

She wants to move into a two-bedroom but says she can't afford it.

According to Rentals.ca's latest rent report, apartments and condos for rent in Calgary went up 14.6 per cent in May compared to last year.

Alberta became the provincial leader for annual rent growth in May, going up 13.4 per cent from last year to more than $1,500 a month.

Read full story on CTV
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