Skip to main content

Featured

Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...
Post a Comment
Read more

article

Labels

Johannesburg Faces Unprecedented Water Crisis: Taps Run Dry

 

For the past two weeks, Tsholofelo Moloi has stood in line with thousands of South Africans, waiting for water. Johannesburg, the country’s largest city, is grappling with an unprecedented collapse of its water system, affecting millions of people. This crisis has left residents, both rich and poor, facing a shortage of severity they’ve never witnessed before.

Several factors have converged to create this dire situation. First, hot weather has led to shrinking reservoirs. But the real culprit lies in decades of neglect and crumbling infrastructure. Johannesburg’s water system has suffered from lack of maintenance, exacerbating the crisis.

South Africa, already familiar with hours-long electricity shortages, is now adopting a term called “watershedding”. Just as loadshedding refers to power outages, watershedding means going without water. Moloi, a Soweto resident, expresses the stress her community faces: “We need to cook, children must attend school, and we need water to wash their clothes. It’s very stressful.”

Over the weekend, water management authorities warned that failure to reduce water consumption could lead to a total collapse of the water system. Reservoirs might drop below 10% capacity, necessitating shutdowns for replenishment. Imagine weeks without water from taps, especially as demand remains high due to scorching weather.

As World Water Day approaches, activists and residents are outraged. They see this as a crisis that has been brewing for years. The ruling African National Congress faces a serious challenge in this year’s election, with public frustration reaching dangerous levels.

Johannesburg, once accustomed to localized water shortages, now grapples with a citywide drought. The arrival of winter is weeks away, and no official drought declaration has been made. Residents are urged to conserve water, but for many, the cost of a 1.3-gallon bottle of water is steep in a country where over 32% of the population is unemployed.

The taps have run dry, and Johannesburg’s water crisis demands urgent attention. 

Labels:

Comments

Post a Comment