Soaring rents put 800,000 tenants at risk of being displaced

More than 800,000 renting households across the country could be priced out of their current suburbs, displaced by wealthier tenants who are themselves moving into more affordable areas as rents soar to new highs, new data shows.

Analysis by Kent Lardner, director of Suburbtrends also finds that those in the lowest socio-economic groups, represented by over 150,000 households – are bearing the heaviest burden.