Edmonton's university students face a 14% increase in average rent over the past year, with a low 2% vacancy rate.

Edmonton's university students are grappling with rising rental costs, experiencing a 14% increase in average rent over the past year, with one-bedroom apartments averaging $1,424. A low vacancy rate of around 2% exacerbates the housing crunch. In contrast, British Columbia has capped international student enrollment in public institutions to 30%, causing some universities to reduce course offerings and adjust budgets due to decreased revenue from international tuition.

September 03, 2024
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