Calgarians struggle with rising rental prices, but experts say rent control isn't the solution
Many Calgarians are struggling as the rental market remains hot, driving up prices and tightening supply.
Maggy Wlodarczyk has been living in a one-bedroom apartment downtown with her teenage son for the past three and a half years.
She sleeps in the living room, while her son has the bedroom.
"It's cramped … it does have quite an impact on my life, in terms of things like not having my own privacy," Wlodarczyk said.
She wants to move into a two-bedroom but says she can't afford it.
According to Rentals.ca's latest rent report, apartments and condos for rent in Calgary went up 14.6 per cent in May compared to last year.
Alberta became the provincial leader for annual rent growth in May, going up 13.4 per cent from last year to more than $1,500 a month.
Wlodarczyk, who is a member of the Calgary city centre chapter of the Association of Community Organizations for Reform Now (ACORN), says she feels discouraged by the current situation.
"It's kind of heartbreaking when people who were born and raised here and who've been here their entire lives can't afford to live here anymore," she said.
Students at the University of Calgary are also struggling to keep up with rising rental prices.
"We're hearing stories about students living in their cars because they can't find housing … having to live in the far corners of the city that are poorly served by transit, or they'll maybe find a place closer to the university but they have to settle for unsafe conditions," said Mateusz Salmassi, vice-president external for the U of C Students' Union.
The Calgary Residential Rental Association (CRRA) says high interest rates and population growth are behind the rent increases.
Gerry Baxter, the executive director, says landlords raise the rent so they can pay their inflated monthly bills, then renters bear the brunt of that.
"We have greater demand than there is supply, and so consequently, rents have gone up," he said.
"Some of the rents have increased by $50, $100. Some have gone up several hundred dollars. It all depends on the circumstances that the landlord has found themselves in."
Some are calling for rent control, but Baxter says that won't help.
"Your vacancies will drop considerably. People who need a helping hand won't be able to get in because most of the affordable housing will already be taken and people won't leave," he said.
"You'll see every other province that has rent controls have much higher rents than what Alberta has."
Still, Wlodarczyk believes rental caps would help people like her.
"The rents just keep going up and nobody can afford to stay living in the place where they're living, especially if their wages aren't catching up."
Rent in Calgary is roughly $200 a month below the national average for both one- and two-bedroom apartments, according to Rentals.ca.
Calgary sits at 27 out of 35 in the national rent rankings.
Vancouver and Toronto top the list.
CTVNews.ca Top Stories
BREAKING Donald Trump picks former U.S. congressman Pete Hoekstra as ambassador to Canada
U.S. president-elect Donald Trump has nominated former diplomat and U.S. congressman Pete Hoekstra to be the American ambassador to Canada.
Genetic evidence backs up COVID-19 origin theory that pandemic started in seafood market
A group of researchers say they have more evidence to suggest the COVID-19 pandemic started in a Chinese seafood market where it spread from infected animals to humans. The evidence is laid out in a recent study published in Cell, a scientific journal, nearly five years after the first known COVID-19 outbreak.
This is how much money you need to make to buy a house in Canada's largest cities
The average salary needed to buy a home keeps inching down in cities across Canada, according to the latest data.
'My two daughters were sleeping': London Ont. family in shock after their home riddled with gunfire
A London father and son they’re shocked and confused after their home was riddled with bullets while young children were sleeping inside.
Smuggler arrested with 300 tarantulas strapped to his body
Police in Peru have arrested a man caught trying to leave the country with 320 tarantulas, 110 centipedes and nine bullet ants strapped to his body.
Boissonnault out of cabinet to 'focus on clearing the allegations,' Trudeau announces
Prime Minister Justin Trudeau has announced embattled minister Randy Boissonnault is out of cabinet.
Baby dies after being reported missing in midtown Toronto: police
A four-month-old baby is dead after what Toronto police are calling a “suspicious incident” at a Toronto Community Housing building in the city’s midtown area on Wednesday afternoon.
Sask. woman who refused to provide breath sample did not break the law, court finds
A Saskatchewan woman who refused to provide a breath sample after being stopped by police in Regina did not break the law – as the officer's request was deemed not lawful given the circumstances.
Parole board reverses decision and will allow families of Paul Bernardo's victims to attend upcoming parole hearing in person
The families of the victims of Paul Bernardo will be allowed to attend the serial killer’s upcoming parole hearing in person, the Parole Board of Canada (PBC) says.