Alberta home slump seen boosting rentals

Calgary

KURT Kerschner, a 46-year-old electrical engineer from Austria, was ready to buy his first home after moving to Calgary with his family in the fall.

With the housing market in oil-rich Alberta at a standstill after the crude price crash, he's now considering staying in the apartment he rents, concerned he may be stuck with a house he can't sell should work dry up.