Majority of Canadian apartment building owners are not making a profit

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Majority of Canadian apartment building owners are not making a profit

Rent hikes can hurt people with increasingly tight budgets. On the other hand, while renters tend to believe that Canadian apartment building owners are making a profit, it’s clear that this is not necessarily the case. Also read: Rent increases in 2025: Here’s the average cost expected in your Montreal neighbourhoodAt least that’s what the latest report on Canadian rental market trends from British Columbia-based platform Liv.Rent points out. D…