VIDEO: New home rush puts crunch on UBC student rentals

The University of British Columbia has added hundreds of residence spots this year, but the new living spaces aren't doing much to offset the losses in nearby off-campusrentalson Vancouver's west side.

Suites, rooms, andhouses for rent are getting harder to come by in the closest off-campus neighbourhoods, such as Dunbar and Point Grey,as older homes sitting on million-dollar plots are beingtorn down when the properties are sold.

Theowners of the new homes don't seem to be as interestedin renting to students, the CBC's Theresa Lalonde reports.