Real Estate

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When I moved back to London, England from Toronto at the start of this year, my local friends warned me that the rental market was in crisis — but nothing could have prepared me for the total and utter carnage that is searching for a one-bedroom flat to rent in the capital right now.

According to figures from real estate company Zoopla cited by The Guardian, average rents in London rose by more than 15% to £1,978 (roughly $3,360 CAD) a month, as demand soared over the past year.

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