• Young professionals struggle to rent in ‘crazy’ real estate markets

    For many young professionals chasing the dream of home ownership, “I’ll be renting forever” is a common lament as real estate prices in hotspots like Toronto and Vancouver remain sky-high.

    But even with good jobs and decent incomes, some 20- and 30-somethings are realizing that renting an apartment or condo is no easy task in these enormously competitive housing markets.

    “It’s impossible — and that’s with two working professional people,” said Alena Rebmann, 32, of Surrey, B.C., who is searching for an apartment or condo to rent in Vancouver with her husband, Nawab Singh.

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