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Old Posted Jun 13, 2012, 12:45 PM
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Shodan Shodan is offline
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Renters feeling squeeze
Declining vacancy rates blamed on economic cycles

Tim Jones
Edmonton Journal

Wednesday, June 13, 2012

Justin Ouimet has spent the past five months looking for a new home in west Edmonton. "It's been a long time trying to find a place I can afford," Ouimet said Tuesday.

"I've been trying to move to the west side so badly because my fiancée and daughter live out there right now. They are living with her parents right now because my fiancée needs extra support from her mom because she had a very tough pregnancy."

Ouimet says its been a struggle finding a place that fits within his price range, is in good condition and in a safe neighbourhood.

Making matters worse, Edmonton's rental market is significantly tightening up, statistics from the Canada Mortgage and Housing Corp. revealed Tuesday...

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© Edmonton Journal 2012

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CanWest Interactive, a division of CanWest MediaWorks Publications, Inc.. All rights reserved.

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