This single dad makes $75K a year. He can't find affordable housing in Vancouver for him and his son

Karl Eaton has been working since he was 16 years old.

Today he has a full-time job withTelus, making approximately $74,900 a year, but the 55-year-old single father says his take-home pay isn't enough to afford a two-bedroom apartment in Vancouver for himself and his son.

"I'm gonna be homeless in probably 30 days if I don't find a place that I can afford reasonably afford without it taking my whole salary," he told The Early Edition host Gloria Macarenko.

Eaton and his 18-year-old son Tristan have been living in basement suites for the past two years but kept having to move when owners sold the property or moved their relatives into the suite. They're currently staying with a friend, but they need to find a place to live by July 31.

"I'm pretty frightened," he said. "If I can't find a place, am I gonna be living out of my car? I'm not sure what I'm gonna be doing. I'm not sure what I'm gonna do with my son."

Eaton says his bi-weekly paycheque is about $1,550 after deductions for federal and provincial taxes, pension contributions, union dues, Telus' extended health insurance, stock options, RRSP contributions and more. That works out to about$3,400 a month over the year.

According to latest numbers from Rentals.ca, the average rent for a two-bedroom apartment in Vancouver is over $3,600.

Eaton says he can't find a two-bedroom apartment for less than half of his salary, which he needs so he can afford other expenses like groceries and paying for his son's post-secondary education.

Public plea for help

He posted a plea for help finding an apartment on a Kitsilano neighbourhood website saying he does "not see any help for someone in [his] position."

"I earn just enough not to be able to use single-parent status, but not enough to provide a home for my son, even though I have worked and paid taxes in Vancouver for 39 years."

WATCH | Single father Karl Eatontries calling a helpline to find housing:

Single father in Vancouver tries calling a helpline to find housing

1 year ago

Duration 0:52

Karl Eaton, 55, says he's looking for help to secure an affordable apartment, but his mid-range income disqualifies him for most resources.

Eaton is on several waitlists for co-ops and Metro Vancouver Housing. He says he's looking for anything affordable on the Lower Mainland, as far as Coquitlam, about 30 kilometres east of Vancouver. He even reached out to the constituency office ofPremier David Ebybut was told he doesn't qualify for subsidies.

With his $75,000 annual salary, Eaton is above B.C. Housing's maximum income limit of $72,000 to qualify fortwo-bedroom affordable housing.

"I have to be broken or homeless to get help, even though I'm a functioning member of society," he said.

Premier says new housing units on the way

Eby says Eaton's situation is a reality for far too many British Columbians.

When asked if B.C. Housing should update its income limits to match inflation, Eby said the provincial agency already has "a significant waitlist" and the province is focused on building more housing.

"A lot of our new housing strategy focuses on middle-income people [and] using public land to build that housing that's actually attainable for people to rent or to purchase," the premier told Macarenko in an interview on CBC's The Early Edition.

Eby says part of that is working with federal and municipal governments to get housing built faster. He says his government has implemented legislation to speed up permit approvals for new developments and set targets for municipalities for the number of housing units they have to build.

But Eaton is skeptical that more housing means more affordable housing, especially when he sees multi-unit houses being torn down.

"They're getting torn down and affordable housing is not going up in their place," he said. "Luxury condos or townhomes are going up in their place."

The single father says his son Tristan can't decide on a post-secondary institution until they know where they'll be living. The 18-year-old plans to do an online math course with Vancouver Community College or go to Langara College to study biology and business.

Eaton says his son will have to work this summer to help pay for rent, but hewould like him to be able to focus on his studies come the fall.