How sweeping U.S real estate changes could impact Canada

The Canadian Press

Millennial Money: Installment plans for rent divide up payments, but drive up costs

In January, I received an email from my apartment complex saying that I could now divide my monthly rent into two payments via a product called Flex. I would make the first payment on the first of the month, but I could choose when to make the second payment. According to the email, this would help me pay rent on time, improve my cash flow and even build my credit history. Enticing, right? It sounded familiar. “ Buy now, pay later ” plans, popular in the retail industry, operate similarly. With