Where we live and what we pay for it

Housing was the topic of two stories in the local papers over the last few days, as both publications examined sets of figures from Statistics Canada and the Canada Home Mortgage Corporation.

The Daily News had a wire copy story on how Housing is grabbing less of the local income these days, with the average household in Prince Rupert spending 17.4 per cent of its income on housing and shelter down from the 2001 numbers where 18 per cent of our income was allocated to household shelter requirements.

The Northern View examined the rental market in the city, with the unusual trend of a high vacancy rate finding rental increases the norm across the city, an interesting development that runs counter to the usual practice of lower rents when vacancy rates are high…

( from  the blog a town called podunk,  click on the link below to see the entire article atowncalledpodunk.blogspot.com/2 … 4426  )-