Readers of the Kelowna Capital News Facebook page reacted to our story on kelownacapnews.com about Rental costs in Kelowna on the rise.
I don’t blame the landlords, their costs have gone up too. We live in a city with lots of low-paying jobs available and no one wanting to or able to work for those wages and no place to live on what the median incomes here are.
Wages can’t go up without small businesses going under, property and interest rates are up so it costs more for homeowners to keep their houses and pay their mortgages, and it’s a seemingly endless cycle with no solutions being proposed by leadership at a the civic level or anywhere else. The only solution is to escape but we’re all trapped here in poverty to even do that. It’s like the black hole over here.
I blame the landlords somewhat. Some of them feel that their basement suite rental should cover the cost of their mortgage for the whole house. I think the fact that rentals go for so much money to summer tourists has given some landlords unreasonable expectations.
B.C. will suck people dry, its taxes that kill. People are leaving BC for better opportunities. It’s sad.