Key takeaways:
- ‘I’ve never seen anything like it in my five years as an owner,’ states Haleigh McLean.
- The number of available rental branches in the St. John’s market has fallen, making it more difficult for people to find a place to stay.
The rental demand on the northeast Avalon Peninsula is getting competitive — and nasty — for those searching for a place to stay in and around Newfoundland and Labrador’s capital city.
Social media was humming late last week with a post showing dozens of individuals waiting to view a basement flat in Mount Pearl, just west of St. John’s.
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Penney Barnes knows how close the rental market is on the northeast Avalon. The Paradise citizen, her spouse, their four older kids, and their two dogs are looking for a new place to live by Aug. 1. She said the things were questioning even when the market was at its best, but it is dismal now.
“We require four bedrooms at least and preferably a backyard and pet friendly. That is challenging. Quite challenging,” Barnes told CBC News on Tuesday.
Source – cbc.ca
