{"id":205,"date":"2024-06-29T13:00:00","date_gmt":"2024-06-29T13:00:00","guid":{"rendered":"https:\/\/www.hemalrealtor.com\/blog\/?p=205"},"modified":"2024-06-29T13:00:00","modified_gmt":"2024-06-29T13:00:00","slug":"why-rents-are-so-high-in-calgary","status":"publish","type":"post","link":"https:\/\/www.hemalrealtor.com\/blog\/2024\/06\/why-rents-are-so-high-in-calgary\/","title":{"rendered":"Why rents are so high in Calgary"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Rents in Calgary are rising rapidly due to the financialization of housing, pushing tenants like Kim Gillespie to struggle with increased costs. The falling rate of homeownership has led to a surge in rental demand, pricing out vulnerable individuals. Government policies favoring homeownership have exacerbated the situation, causing a decline in homeownership rates across Canada. Calgary&#039;s population growth, driven by newcomers, has further strained the rental market, with insufficient housing starts to meet the demand.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/calgaryherald.com\/news\/local-news\/inflation-costs-rents-high-calgary-housing-reits\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rents in Calgary are rising rapidly due to the financialization of housing, pushing tenants like Kim Gillespie to struggle with increased costs. The falling rate of homeownership has led to a surge in rental demand, pricing out vulnerable individuals. Government policies favoring homeownership have exacerbated the situation, causing a decline in homeownership rates across Canada. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-205","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":1,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":207,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions\/207"}],"wp:attachment":[{"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hemalrealtor.com\/blog\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}