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Monday, April 22, 2019
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Home News New statistics underscore challenges of renters in Fort St. John

New statistics underscore challenges of renters in Fort St. John

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The Rental Housing Index (RHI) shows that in Fort St. John average rent plus utilities is $1,016 a month.

It also puts the number of renters in the city at 2,930, and says that 36 percent of them pay more than 30 per cent of their income on rent, and in addition, 15 per cent of them are required to use more than 50 per cent of their income for rent.

The new numbers were compiled in partnership with Vancity Credit Union, and its’ senior Vice-president Linda Morris says the index also shows “that almost one of every two renters in the province doesn’t have access to adequate and reasonably priced housing.”

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“These findings point to the need to develop affordable housing alternatives through a variety of tools, ranging from policy changes to developing new partnerships which include land and capital investments,” Morris said

The overall finding from the RHI underscores this as not just being a big city issue, and there’s greater need for more funding of affordable rental housing developments throughout the province.

This is the first time substantial data regarding the state of rental housing in B.C. has been compiled for public use, and to access the R-H-I you can go online to www.rentalhousingindex.ca.

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