New data from Statistics Canada suggests more than 86 per cent of all apartment condominiums in the City of London were owned by investors in 2020 — a sign first-time buyers are being squeezed out of the market by investors, who are cashing in on the city's severe undersupply of purpose-built rental apartments. Apartment rents have risen dramatically"We've seen London rental prices go up over 30 per cent year-over-year, so what's happening is investors are buying up condo units and then renting them to satisfy that rental market. Box 500 Station A Toronto, ON Canada, M5W 1E6It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges