Bill Van Gorder speaks at a CARP event www.carpnovascotia.ca CANADAHALIFAX news Seniors struggle to downsize due to Nova Scotia’s hot rental market by admin 24 أغسطس، 2023 written by admin 24 أغسطس، 2023 162 By CityNews Halifax Staff The lack of affordable rental properties in Nova Scotia is delaying some senior homeowners trying to downsize. Canadian Association of Retired Persons (CARP) spokesman Bill Van Gorder says that’s only adding to the chokehold on the housing crisis. He tells CityNews Halifax that many retirees want to downsize to apartments but Halifax’s hot rental market is pricing them out. “Up until recently when usually a couple decided to sell the house and afford to buy an apartment, it would not only downside for them and be more convenient, it would mean other people could buy that house,” says Van Gorder. “That’s not happening now.” He says if seniors can’t afford to move out of their homes, young families or homebuyers will continue to struggle finding an affordable place to purchase. Van Gorder also says assisted living is not a viable option for most seniors since that arrangement is also expensive with limited availability. This comes as recent Statistics Canada data showed overall inflation can’t keep up with the pace of rental rates in Nova Scotia. Overall inflation went up 3.4 per cent in the province while rent in the province grew an average of 7.5 per cent in July compared to last year. 0 comment 0 FacebookTwitterPinterestEmail admin previous post فكرة وضع سقف لعدد الطلاب الأجانب تقلقهم والجامعات next post Police investigate another gas station robbery You may also like Man faces long list of charges after standoff... 13 مارس، 2025 استطلاع: 40% من الكنديين يخشون فقدان وظائفهم 13 مارس، 2025 كندا تخفف العقوبات المالية عن سوريا وتندّد بالمجازر... 13 مارس، 2025 ‘Get ready for a wild ride’: Weather Network... 13 مارس، 2025 Clear skies expected in much of Nova Scotia... 13 مارس، 2025 Nova Scotia NDP urging public to weigh in... 13 مارس، 2025 Unsafe tap water is common in Newfoundland. This... 13 مارس، 2025 ترامب يصعّد حربه التجارية على كندا: الصلب والألومنيوم... 12 مارس، 2025 أونتاريو تفرض رسماً بنسبة 25% على الكهرباء إلى... 10 مارس، 2025 China tariff on Canadian seafood adds more volatility... 10 مارس، 2025