Renter Survey Highlights Creative Solutions to Affordability Challenges

A survey reveals 62% of Canadian renters spend over 30% of their income on rent, rising to 70% in Toronto. Rent increases affect 63% of respondents, intensifying financial strain. High rent prices are the top challenge for 69%, surpassing concerns about supply or scams. Renters aged 25-34 and 35-54 face significant affordability pressures, with many budgets under $2,000 despite higher market rents.