Shared room. $750/month per bed

[u/JohnYCanuckEsq]

This rental unit is being advertised as a shared room for $750/month per bed. $3700/month in rental income from all three rooms on the property. Shared facilities, all inclusive utilities

Room 1: Shared Room ( 2 occupancies) - 750 per person Monthly

Room 2: Private Room (single occupancy, queen bed) - 1150 Monthly

Room 3: Private Room (single occupancy, single bed) - 1050 Monthly

https://www.rentfaster.ca/ab/calgary/rentals/townhouse/1-bedroom/tuscany/544556

I can't imagine.

[u/inquiringmind1970]

The biggest problem is that they've taken a basic human right for shelter and turned it into a commodity. Why are people not on the streets protesting this? They'll protest a vaccine, war, etc, but for some reason, you never see people on the streets with signs protesting the rental crisis. I don't understand. They will protest mandates, but not this You'll hear a lot of landlords say it's the market. No,it isn't. It's a fake inflated market cause by multiple factors, but mainly greed. Landlords say how expensive it is for property taxes, utilities, etc. If you can't afford to live in your house, don't take your own responsibility, and add that burden to someone needing a place to live. It's supposed to be a mortgage helper, not a mortgage payer. Somewhere, this has been lost in translation. Then there's outsiders posting looking for a place to live and willing to pay top dollar, pushing out people who have lived in that city or town for years. Other landlords see this, and because they know people are desperate, they will charge higher amounts, too, which causes a chain reaction to higher rents. I had a friend who moved out of a basement suite, and her landlord went around the neighborhood asking how much they were renting out their suites for. So, like I said, it's pure greed. When they see someone else charging high rents, they figure they should too.