Lethbridge looks to rent-to-own solution to help close its housing gap
Like other Alberta cities, Lethbridge is experiencing a housing crunch, as the supply of homes continues to lag behind population growth. But some housing advocates say one new strategy might help – bringing more rent-to-own options to the market.
Since the summer of 2019, the number of residents in Alberta’s fourth-largest city has expanded by about 16 per cent, Statistics Canada estimates, causing both house prices and rental rates to swell at an accelerated pace.
Categories
Recent Posts
Developer fees could add more than $100,000 to price of new homes, CMHC finds
Drastic price cut, new basement help sell North York townhouse
Ontario ski chalet trims asking price three times to sell at $715,500
Large Queens Quay waterfront condo sells for $200,000 under asking
Condo crash forces Toronto's public landlord to move ahead on huge North York redevelopment on its own
A building that brings the little ones closer to nature
Huge Toronto project seeks to reignite the co-op housing model
Second bidder takes Beaches bungalow for $1.2-million after first deal fails
Toronto housing inventory gets a December refresh
Five offers for Markham bungaloft next to golf course after $190,000 price cut
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "