The influence of Airbnb on Australia’s rental crisis, as experts call for focus on ‘real issues’ at play

The influence of Airbnb on Australia’s rental crisis, as experts call for focus on ‘real issues’ at play

The irony of the situation is not lost on Emily Wright.  After being forced out of her rental earlier this year, the Gold Coast mother-of-two faced homelessness as she searched for months to find a new home in one of Australia’s tightest rental markets. Eventually, after an exhaustive search, Ms Wright found a new house, but it’s well outside her … Read more

The rise of the rental Christmas tree: This is why everyone’s renting their festive firs this year

The rise of the rental Christmas tree: This is why everyone’s renting their festive firs this year

In our new era of striving for sustainability, it feels pretty odd that we go to all the effort of washing out our chopped tomato tin cans for the recycling and exclusively buying milk alternatives only to decide, once a year, that we should all cut down a bunch of trees to have in our … Read more

Winter activities within a few hours of Toronto and how to get there

Winter activities within a few hours of Toronto and how to get there

The chilly months are officially upon us, and while Toronto isn’t a snowy wonderland quite yet, there are a ton of places outside of the city where you can already participate in the fun seasonal activities Ontario is known for. There are all types of winter fun within just a few short hours’ drive, and what better … Read more

Hertz to Pay $168 Million to Settle False-Arrest Allegations

Hertz to Pay $168 Million to Settle False-Arrest Allegations

Hertz Global Holdings Inc. said it would pay about $168 million to settle 364 pending claims related to vehicle-theft reporting, some instances of which have allegedly led customers to face wrongful arrest for car theft. The hundreds of settlements resolve more than 95% of outstanding claims, Hertz said. The company said it doesn’t expect the … Read more

The rental squeeze is tightening. And these Australians say there’s no escape

The rental squeeze is tightening. And these Australians say there’s no escape

The rental squeeze is tightening across the country and more and more Australians are trapped.     So, how bad is it out there?  Maddy Parsons has rented for most of her adult life.(ABC News: Luke Bowden) Maddy Parsons never thought it’d turn out this way. For almost 15 years she’s been a renter, jumping from share house to … Read more

The cost of rental housing in Toronto continues to climb

The cost of rental housing in Toronto continues to climb

Toronto’s rental housing prices keep on soaring, driven by tight supply and would-be homeowners deciding not to buy because of rising interest rates. According to a new analysis of data at a major listings site, the average price for a two-bedroom apartment or condo rental in Toronto rose 24 per cent to $3,353 in October … Read more

Vancouver leads country in mom-and-pop landlords

Vancouver leads country in mom-and-pop landlords

Statistics Canada said 11.2 per cent of Vancouver home owners reported income from a rental unit.JENNIFER GAUTHIER/Reuters Recently released statistics show that Vancouver has the highest percentage of mom-and-pop landlords in Canada, which may not come as a surprise for anyone with a mortgage to cover. Statistics Canada said 11.2 per cent of Vancouver home … Read more

Australian National University students stuck interstate during COVID-19 lockdown fight rental charges

Australian National University students stuck interstate during COVID-19 lockdown fight rental charges

Two students in Canberra are fighting to recoup thousands of dollars in rent that their university charged them while they were stranded interstate by COVID-19 lockdowns. Key points: Two ANU students who lived on campus are disputing thousands of dollars in rental charges Public health orders during last year’s COVID-19 lockdown prevented the students from … Read more

Staff, housing shortages in WA prompt labour hire firm to book out tourist hostel for two years

Staff, housing shortages in WA prompt labour hire firm to book out tourist hostel for two years

At this time of year, Cameron Morris would normally be gearing up for a busy summer playing host to backpackers from all over the world. Key points: A hostel in a popular WA tourist town has been booked out for two years by labour-hire firm 76 per cent of businesses in Dunsborough and Yallingup are struggling to … Read more

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Amazon. com Inc., Apple Inc. and Meta Platforms Inc. are among the tech heavyweights featured in a packed week of earnings that investors will probe for indicators about the broader economy. Other tech companies scheduled to report their latest quarterly reports include Google parent company Alphabet Inc. and Microsoft Corp. Investors also will hear from … Read more