Why some young Nova Scotians say they can't afford to stay in the province - Action News
Home WebMail Friday, November 22, 2024, 06:51 PM | Calgary | -11.5°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Nova Scotia

Why some young Nova Scotians say they can't afford to stay in the province

Some young professionals and graduate students say they're being forced to leave the province they hoped to build a life in because rent is too expensive and they feel that owning a home is unattainable.

Atlantic Canada saw largest rent increases in the country year-over-year, according to some indexes

Despite having a full scholarship, two part-time jobs, no vehicle, and using her university's food bank, Tiffany Campbellsays staying in Halifaxmay be impossible. (Paul Poirier/CBC)

When Tiffany Campbell moved back to the East Coast after spending years working and saving money in Alberta, she had dreams of buying a house and raising her son in Nova Scotia. But after a few months, her plans changed drastically.

The 32-year-old says she wasrenovicted from the first apartment she rented in Halifax.She and her seven-year-old son moved twice morein a year, searching for affordable housing.

And they still haven't found it. Campbell says she'sspending more than 50 per cent of her income on anapartment in the north end of the city, where she and her son share a bedroom.

"By the time I got here, it was just impossible," Campbell said. "I love this city, but I did not imagine that coming out here we would be put into this kind of position. Things are really kind of outstanding in Halifax. I didn't imagine this for the Maritimes."

Campbell came to Nova Scotia to pursue a PhDin social anthropologyat Dalhousie University. She grew up on the East Coast and thought housingwould beaffordablein the region.

But despite having a full scholarship, two part-time jobs, no vehicle, and using her university's food bank, shesays staying in Halifaxis untenable.

Campbell's son's artwork is displayed in their apartment. She says she worries moving multiple times in a year will negatively affect his childhood. (Paul Poirier/CBC)

Campbell is among more than 30 young adults who have spoken to CBC News this fall andsay they feel forced to leave the province they had hoped to build a life in, because rent is too expensive and they believe that owning a home is unattainable.

Some said theyplan tomove in with family in other provinces, or move where wages are higher. But the common theme is the struggle to find housing inNova Scotia.

"It reminds me of what was happening when I was in high school...Lots of young people were having to go out West," Campbell said. "Itmakes me sad because I feel like I'm constantly having to rewrite the story of my life."

Rents increased the most in Atlantic Canada

According to data from rental accommodation website Rentals.cathat wasanalyzed by data firm Urbanation, rental prices in Atlantic Canada have increased by 32.2 per cent in the past year, making it the highest jump in Canada.

Though Nova Scotiahasa temporary two per cent rent cap in place for existing leases, rent can be raised fora new lease if a tenant leaves or is evicted.Rentals.ca measures the listing price of unoccupied units.

According to a sample size of around 150 rental units in Halifax, Rentals.ca says the average monthly rent for a one-bedroom apartment in the city is $1,819, and the average for a two-bedroom unit is $2,240.

Many of Campbell and her son's belongings are still packed up from their last move. She says there isn't much space in their studio apartment to unpack. (Paul Poirier/CBC)

The companysays that Halifax is the 18th most expensive city for rentals, in a list of35 urban centres across the country. Some of the most affordable cities on thatlist are Edmonton, Quebec Cityand Regina.

"Halifax, for a medium-sized city, has had a lot of issues with housing," said Paul Danison, content director atRentals.ca.

"During the pandemic, a lot of people discovered Halifax and decided they wanted to move there, so that raised demand. Immigration is really high in Halifax, that also raises demand ... there's just not enough supply in Halifax."

Data from Statistics Canadareflects thistrend. Immigration to Nova Scotia from abroad more than doubled last yearfrom pre-pandemic levels. And after decades of outmigration to other provinces, a net total of 14,079 people were added to Nova Scotia's population last year due to migration from other provinces.Eightyper cent of them were from Ontario.

However the number of people leaving the province for other parts of Canada also hit a six-year high in2021-22. People between 20 and 40 make up more than half of those moving to other provinces.

High home prices

Average residential real estate prices in Nova Scotia have also been rising since the COVID-19 pandemic began, peaking in April of this year at more than $450,000, according to the Nova Scotia Association of Realtors.

While the average price ofresidential unitshas fallen since then to less than $400,000, it'sstill almost double the averagecompared tofive years ago.

Paul Kershaw, a professor at the University of British Columbia's School of Population and Public Health, said the numbers are startling.

"Back in the mid 1970s when today's baby boomers were young adults and came of age, it took about four years of full-time work to save a 20 per centdown payment on an average-priced home in Halifax," Kershaw said."If you flash forward to today, it now takes 12 years."

Marius Normore, 29,and his partner started saving for a down payment on a home in Halifax in 2018, when average prices in the province were around the $225,000 mark.

In 2021, they looked at 20 homes, and put in offers on four. Normore said they bid from $50,000 to$87,000 over the asking prices, and were outbid each time.

Marius Normore says he and his partner wanted to buy a home and raise children in Nova Scotia, but it was out of reach. (Brian MacKay/CBC)

By mid-2022 the couple wasstill spending a majority of their incomerenting an apartment in Bedford, andfeltlike they would never get ahead by staying in Nova Scotia.

"The best analogy I can use is it's like football," Normore said."You're running towardthe touchdown and the closer you get, the farther away the goal line moves."

They aren't alone. According to Statistics Canada data from 2021, 45 per cent of households in Halifax are spending close toone-third or more of their income on housing. That's the highest percentage of any Canadian city, ahead of bothToronto and Vancouver.

Normore said for years he had been optimisticabout staying in Nova Scotia, but "that optimism slowlyturned to pessimism."

"I am in no way the only person ... going through this," he said."The majority of people that you know, my former co-workers around my age, we're all in the same exact boat. We're renting. We have no realistic pathway to home ownership at this point."

So Normore and his partnermade the difficult decision to leave. They moved to Newfoundland to buy a home, and got their keys in early November.

Normore and his partner packed up their apartment in Bedford and moved to Newfoundland. (Brian MacKay/CBC)

Kershawis also the founder of Generation Squeeze,a charitable think tankthat studies the impact of systemic problems across generations.

He saidyoung people in Halifax are now facing the"affordability squeeze" that has long been talked about in British Columbia and Ontario, and it's setting them back further than previous generations.

Young people disproportionately impacted

Kershaw said now is the time for policy change at all levels of government to prioritize housing affordability.

"We often joke about a younger demographic eating too many pieces of avocado toast or drinking too many lattes, or that they're entitled, that they're lazy. But that's not the case. The data are clear," hesaid.

"The younger demographic goes to post-secondary more, pays more for the privilegeand starts with student debt more often, to land jobs that, after adjusting for inflation, pay thousands of dollars less."

He said being unableto afford a home or pay rent can profoundly impact the lives of young people ata time whentheymay be looking to settle down and start a family.

Campbell agreed.

"It has a huge impact on your mental health," she said."There's just a massive amount of precarity in amongst my peers and myself, so that's something that we're all struggling with."

Add some good to your morning and evening.

Get the latest top stories from across Nova Scotia in your inbox every weekday.

...

The next issue of CBC Nova Scotia newsletter will soon be in your inbox.

Discover all CBC newsletters in theSubscription Centre.opens new window

This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply.