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IB NEWS YOU'LL NEED TO EARN $28/HR TO RENT A TWO-BEDROOM APARTMENT YOU CAN AFFORD IN REGION, STUDY SAYS RENTS ARE BECOMING LESS AFFORDABLE EVEN AS THE MINIMUM WAGE RISES, STUDY JEFF OUTHIT You need to work full- time a at cimost twice the wage to afforda- bly rer rent 3 an average two- bedroom apartment in Wa- terloo Region, a new hous- ing: study show: ismaying, " said David “Macdonald, econo- mist and study co-author. “The premise is that some- body working full-time, full year at the minimum wage should be able to af- ford basic accommoda- ions, as a kind of basic premise of living in Cana- we year, Oe ably ane more than that. And the bare mini- mumis not really available to them. The study by the Cana- dian Centre for Policy Al- termatives found rents in ecomi Ieee affordable despite in- creases in the minimum wage. S "you" ve golf folks ¢ thatare rking full A typical monthly rent for two bedrooms in 2018 consumed 89 hours of pay at minimum wage. Today it consumes 95 hours of bay even after the wage rose by $1.50 to reach $15.50 per hour. "The situation has got- ten worse despite higher Mathew beri peor F Record in central V prukieen rents in Waterloo Region. minimum wages," Mac- donald said. The i in the housing crisis. The solution is to build more t-controlled re- search organization con- ducted the study to illus- trate how working people are falling farther behind apart- ments that are kept at be- low market rates, the orga- nization argues. It's largely anon-profit model. “Governments must fo- cus their dollars on financ- ing, building and acquiring purpose-built, rent-con- trolled and non-market housing that provide fairly priced rents — now and in the long term," concludes the study, titled "Can't Af- ford t the Rent." this region you need to oan an hourly wage of $28.25 to affordably wnt two bedrot preotei A aati wage of $23.94. ee 's based on full- ing: s (40 hours per costs no more than 30 per cent of your income, a stan- dard definition of afford- 0 benchmark ranks the community 11th among ~ 37 urban areas in afford- i able rental costs. In Toron- 3 to you need to earn $40.03 per: hour t to affordably rent mtg yous weed toe earn ert 30% mere 5 a Fy the study found only FA two urban areas, Saguenay = Ey and Trois-Riviéres, both in inp Quebec, where someone ¢ working full-time ona min- % imum wage can affordably 8 Vancouver, Toronto, Ke- lowna, B.C., Victoria, Otta- wa and Halifax — where someone must earn more than twice the minimum wage to affordably rent two The least affordable neighbourhood in this re- gion is the campus area in central paperoe. You must arn $39.23 an hour to af- fordably vent a_ two-bed- room apartment there. By contrast you'll have to earn $22.37 an hour to af- fordably rent two bed. rooms in a large swath of central Kitchener, the study found. OUR TIRES GO THE EXTRA MILE. SO DO WE. UNTRY /T™ OPEN CO ON-/OFF-ROAD ALL-TERRAIN TIRE The Open Country A/T il all-terrain tire delivers gripping off-road. traction with responsive and predictable on-road handling. With a stron durability and treadwear life, Toyo introduces design, construction and all-new tread compounding. It also provides a quiet ride with exceptional stability. The Open Country A/T Ill is built to get there and get back home, regardless of terrain or weather. Available in LT-Metric, P/Euro-Metric and Flotation sizes ELMIRA : Honestly driven. www.oktireelmira.com MANGO DRAGON FRUIT Limited Time Only Small 160z | $8 Large 240z | $10 Vanilla almond milk, Mango, Raspberry, Dragon Fruit, Orange extract, Vanilla protein 245-5 The Boardwalk 480 Hespeler Rd. Waterloo ps Cambridge 75 Bridgeport Rd. E. Waterloo www. fiddleheadshealth.com 25 Bruce St. Kitchener 438 Highland Rd. W. Kitchener eo'9]9|UOIYDOOLLE}2M