Stress Test
Stress Test
Jan 12, 2022
Rents are soaring. What does it mean for millennials and Gen Z?
Play • 29 min

If you’re a renter, you already know how unaffordable it’s getting. So how are people dealing with the rising costs? And what does it mean for their other financial goals - and for their life? We hear from a 25-year-old renter in Kelowna, B.C., who says finding a place to live was more stressful than finding a job. Then, we hear from a millennial couple with two young children who are renting in Markham, Ont. and have very different opinions about their current living situation. Plus, Rob speaks to The Globe’s real estate reporter Shane Dingman about what he’s been seeing when it comes to the rental market in Canada and potential solutions to help renters get a leg up.

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