A new rental listing is either 91裸聊视频渃ute and cozy91裸聊视频� or it91裸聊视频檚 a 91裸聊视频済lorified shed91裸聊视频� depending on who you are asking.

The posting on a Craigslist showcases a bachelor unit 91裸聊视频� also known as a garden or studio suite 91裸聊视频� in Saanich that is near the University of Victoria.

It91裸聊视频檚 just 300 square feet but is being listed for $1,600 91裸聊视频� the cost of many older full-sized one-bedroom apartments in the Greater Victoria region.

91裸聊视频淚t91裸聊视频檚 a glorified shed,91裸聊视频� said Connor, a local resident who doesn91裸聊视频檛 want their last name used because of an active attempt to find a rental and a desire not to alienat potential landlords. 91裸聊视频淚t91裸聊视频檚 not just how high the prices are, but the terrible kind of places being advertised.

Meanwhile, the Victoria rental housing market continues to get pricier.

According to a new report by Rentals.ca, Victoria came in 11th on its list of 35 cities for average monthly rent in May for a one-bedroom at $2,045 and ninth for average monthly rent for a two-bedroom at $2,616.

Year over year, average monthly rent in May for a one-bedroom in Victoria was up 3.4 per cent.

Vancouver once again tops the list of 35 cities for average monthly rent. In May, average monthly rent in the city for a one-bedroom home was $2,831, and average monthly rent for a two-bedroom was $3,666.

91裸聊视频淗igher rents are on the horizon with interest rates at a 22-year high, rising home prices and record immigration. Gen Z could become the 91裸聊视频楤oomerang Generation91裸聊视频� moving back in with the parents or the 91裸聊视频楻oommate Generation91裸聊视频� splitting rent as it91裸聊视频檚 unaffordable for many Canadians to pay rent on their own. Governments at all levels need to come up with creative solutions to increase housing supply,91裸聊视频� said Matt Danison, CEO of Rentals.ca Network, in a news release.

The National Rent Report charts and analyzes monthly, quarterly and annual rates and trends in the rental market on a national, provincial, and municipal level.

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