The sudden surge in population over the past year is sending the province into unfamiliar territory since 2000, says Chris Varcoe in a recent opinion piece for the Calgary Herald. He says the lack of housing in Alberta is sparking rent increases and higher home prices which VCC's Meaghon Reid explains is causing panic.
“What we’re seeing right now in the community is a lot of panic, in terms of the ability to secure housing. Even when people do have fairly sufficient income, that’s not enough anymore because there just isn’t sufficient supply,” she explained.
Read the full article: Varcoe: As more people arrive during Alberta's population boom, housing lags behind