Alberta’s rental market stable

CALGARY, AB, Oct. 24,2012/ Troy Media/ –Alberta’s rental market has changed dramatically in the past couple of decades: the majority of rental units are no longer built and financed specifically with renters in mind.

Today, the typical landlord is a higher income family renting out former owner-occupied residences or condo-converted rental units. According to a recent survey by ATB Financial, about 13 per cent of Alberta households have a second residence or investment property.

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