Yasha Ahayah Bible Scriptures (YABS)

Rent in Ottawa out of reach for low-income earners, report finds

CBC/Radio-Canada 2019-07-18

https://www.msn.com/en-ca/money/real-estate/rent-in-ottawa-out-of-reach-for-low-income-earners-report-finds/ar-AAEwKYv?OCID=ems.display.welcomeexperience

For workers earning minimum wage, Ottawa is one of the least affordable places in Canada to rent an apartment, according to a new report.

In Ottawa, where the average rent for a two-bedroom unit is $1,301, an employee earning Ontario’s $14 per hour minimum wage would have to work 75 hours per week to afford the rent. An employee working 40 hours per week would have to earn $26 per hour, or nearly double the provincial minimum wage.

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I’m glad I’m not renting because its just wasted money. Owning a house in a smaller city and making higher then minimum wage is better. My wages are currently $14.32/hr and moving to $19/hr in one more year.

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