It's pretty bad here in Canada too, rental-wise. We have month-to-month leases here too after 1 year. i.e. You sign for 1 year, then you pay month to month after that.
Also: [In 2018, the Advocacy Centre for Tenants Ontario (ACTO) published a report showing that more than 50 per cent of people in Ontario aged 25 to 34 rent their homes.(Source)]
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Also: [In 2018, the Advocacy Centre for Tenants Ontario (ACTO) published a report showing that more than 50 per cent of people in Ontario aged 25 to 34 rent their homes.(Source)]
Mostly because nobody can afford to buy homes :(