This Saskatoon senior is getting priced out of the rental market
CTV
A Saskatoon senior living in a rental apartment is wondering why his monthly rent is drastically rising in a few months.
A Saskatoon senior living in a rental apartment is wondering why his monthly rent is drastically rising in a few months.
With a discrepancy between supply and demand in the housing market, he’s asking why more isn’t being done to secure housing for those on low or fixed incomes.
In February, Dwayne Schwab received a letter from Avenue Living Communities that rent on his one-bedroom Diefenbaker Drive apartment is going up June 1, and he can’t do anything about it.
“This is the way it is. At the end of your lease, your rent is going up $350 a month,” Schwab told CTV News.
He lives off $2,000 a month from pension and old age security, the increase puts the cost of his apartment out of reach.
“I’m on a fixed income and can’t afford it.”
Schwab has only lived in his current building two months. Before that, he was in a different Avenue Living rental, before he was forced out by a similar bump in rent.
