Students feeling the pinch of higher rents as even rooming with others is becoming less affordable amid a widespread housing shortage
, data services product manager David Aizikov started noticing a “clear shift” in the demand for rentals on the platform around the start of last year.
Driving the interest in larger apartments and condos is likely the ability to split the rent with roommates, which usually results in lower monthly costs per person compared with living alone in a small apartment or condo, Mr. Aizikov said. In Alberta, which began to see a net influx of young people in 2022, the average room rent in Calgary was up by 26 per cent in March compared to the same month in 2019, the Kijiji data set, which includes student dormitories and rooming houses, shows.
Sky-high room rentals are likely to put pressure on postgraduate students to live in crowded quarters and work longer hours while in school, said Mike Moffatt, an economist and senior director of the Smart Prosperity Institute.
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