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Isn't that a housing issue, though? Paying for a $2350/mo place on $60k is... pretty ridiculous.
by bonesmoses 11y ago
Isn't that a housing issue, though? Paying for a $2350/mo place on $60k is... pretty ridiculous.
- gearoidoc 11y agoI'd argue its impossible since $2350 is almost half your monthly salary before tax!
- edwinnathaniel 11y agoThat's a lifestyle issue. No fresh grad ($60k) should live in "trendy" Yaletown district with 2 BR + 2 Bath.
- acrooks 11y agoA lot of fresh grads (from UBC) in Vancouver are living around Kitsilano where you can get a one bedroom place for <$1000/month. Right now I live in a two bedroom flat in the heart of Kits where I'm paying $825 and my flatmate $725. Previously to that in Vancouver I lived in the heart of Yaletown in a 550sqft studio costing about $1300/month, and started living there on a salary of about $62k. I've never had financial struggles living in Vancouver with salaries ranging from $42-85k, and have generally had enough disposable income to afford to travel quite a bit, ski at Whistler every weekend, and eat out and go out regularly. That said, it's totally a renter's market. It's unaffordable for me to buy anything that I'd want to live in for the longer term, unless I go to Surrey or somewhere else in greater Vancouver, which would completely take away or hinder a lot of the benefits I see to living in Vancouver.
- vehementi 11y agoFresh grads are making a lot more than $60k these days. But yes, you're spot on.
- api_or_ipa 11y agoI split it with a roommate. I lived 10 mins from my work, which vastly improved my quality of life and saved me money on transit. I estimated I was paying $100 more to live in downtown, but that was almost equivalent to the savings in transit fares.