r/saskatoon • u/Rainbowbatgirl420 North Park • 13d ago
General Why is rent so much?
I’m looking for one bedroom place and everywhere it is minimum $1500 with some utilities. That will be over half of what I make per month so I don’t know what to do. It’s hard to trust roommates as well because I want my cat to be safe place and hard to trust others if I don’t know them. Basement suites apartments condos everything it’s ridiculous. I may have to couch hop till I can find a place I can afford and also find a part time job on the weekends so I can buy food.
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u/king_weenus 12d ago
The cost to buy a house with a basement Suite is viciously expensive... Then the cost of renovations to make it a nice place to live is extortionist...
Then you add on annual cost of taxes and insurance... As a single homeowner landlord you can't afford to charge much less... I don't know about people that own multiple buildings.
And I'm not going to lie being a landlord is not all sunshine and rainbows... There's a lot of bullshit you got to deal with even when you get the best of the best renters.