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It's worth noting that while Vancouver has absurdly expensive detached housing (East Van: $1.2 million[1], west side more) the rental prices in Vancouver (~$120
by Tiktaalik 11y ago
It's worth noting that while Vancouver has absurdly expensive detached housing (East Van: $1.2 million[1], west side more) the rental prices in Vancouver (~$1200-1400 for single bedroom in new building) do not reach the absurd prices seen in SF.
Unlike SF, Vancouver builds plenty of condo apartment buildings, so if you wanted to buy a single bedroom apartment you could do so for $300k-400k. I'm not saying that's not expensive considering the average income in Vancouver, the real estate market is definitely in a bubble, but it's at least within reach, whereas detached housing prices exist in their own bizarre reality.
[1] http://www.theglobeandmail.com/report-on-business/vancouvers-detached-house-prices-keep-soaring-as-supply-dwindles/article25852584/ http://www.theglobeandmail.com/report-on-business/vancouvers...
- deleted 11y ago[deleted]
- pcthrowaway 11y agoIf you're willing to live with roomate(s), you can easily find a place in a desirable neighbourhood in the $600-800 a month range. While I realize my rent is uncharacteristically cheap for this city, I pay <$500/month in the commercial broadway area for my own room in a 2BR duplex unit.
- serge2k 11y agoor move to Seattle and get paid enough you don't have to live with roommates unless you enjoy it.