State of the rental market Calgary
Sep 25th 2015, 12:23 pm
#1
Every day's a school day
Thread Starter
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
State of the rental market Calgary
Well its been a while..after leaving Calgary to go home to the UK 16 months ago..i have been offered a job back in the city.
I used to live in New Brighton, Calgary which was very nice indeed, however the rental market was pretty tight back then what with the flood etc..have things changed or is it much the same now?
I used to live in New Brighton, Calgary which was very nice indeed, however the rental market was pretty tight back then what with the flood etc..have things changed or is it much the same now?
Sep 25th 2015, 3:48 pm
#2
BE Forum Addict
Joined: Dec 2011
Location: Back in Scotland after 4 years in Calgary
Posts: 1,403
Re: State of the rental market Calgary
It's let up a little, what with the oil price dropping and everyone going back east...last time i looked, the availability was at 2.5%
There's still a bunch of building going on, sure you'll get something fairly easily
There's still a bunch of building going on, sure you'll get something fairly easily
Sep 25th 2015, 8:26 pm
#3
Grumpy Know-it-all
Joined: Jul 2010
Location: Calgary, Alberta
Posts: 8,928
Re: State of the rental market Calgary
Crime rates have gone up. Burglaries have become more common but I wouldn't say you're dealing with masked gunmen, by comparison with London it's no big deal.
Calgary to have worst economy of 13 major Canadian centres this year | Calgary Herald
So look on the bright side, you left before the loonie plunged.
Also the city has recently approved secondary suite construction without a developer's permit in various parts of the city and net inward migration has dropped, and there is also a huge amount of empty office space downtown so put it all together and rents are dropping.
Calgary to have worst economy of 13 major Canadian centres this year | Calgary Herald
So look on the bright side, you left before the loonie plunged.
Also the city has recently approved secondary suite construction without a developer's permit in various parts of the city and net inward migration has dropped, and there is also a huge amount of empty office space downtown so put it all together and rents are dropping.
Sep 29th 2015, 7:53 am
#4
Every day's a school day
Thread Starter
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Re: State of the rental market Calgary
Crime rates have gone up. Burglaries have become more common but I wouldn't say you're dealing with masked gunmen, by comparison with London it's no big deal. Calgary to have worst economy of 13 major Canadian centres this year | Calgary Herald So look on the bright side, you left before the loonie plunged. Also the city has recently approved secondary suite construction without a developer's permit in various parts of the city and net inward migration has dropped, and there is also a huge amount of empty office space downtown so put it all together and rents are dropping.
