Knowing which cities have the most renters can inform policy and help those looking for a place to live, says a rental expert.
Statistics Canada census data shows that the top rental cities in B.C. are Victoria, New Westminster, Vancouver and the City of North Vancouver, with the latter two being in the top five most expensive cities to rent in Canada, according to liv.rent.
Across the province, 33 per cent of British Columbians are renters, with 67 per cent being homeowners, according to data provided to Glacier Media by Andy Yan, director of Simon Fraser University’s City Program. Nationwide, 32 per cent of Canadians are renters, according to a Leger survey commissioned by Re/Max Canada.
Victoria has the most rentals in B.C. , according to Yan’s data. He said that this can be attributed to the government and hospitality industries, which cater to renters.
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