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Yep, Sydney is ranked #4 yet is currently experiencing a severe shortage of rental properties where the average rent is now 40% higher[1] than 2 years ago. [1]

Yep, Sydney is ranked #4 yet is currently experiencing a severe shortage of rental properties where the average rent is now 40% higher[1] than 2 years ago. [1] https://sqmresearch.com.au/weekly-rents.php?region=nsw-Sydney&type=c&t=1 https://sqmresearch.com.au/weekly-rents.php?region=nsw-Sydne...

somerandomqaguy 3y ago
I think that's most cities. Toronto's rents have gone up about the same since two years ago, but many cities in Ontario and British Columbia have had rents go up quite a lot as well. I think Nova Scotia also saw pretty significant rent increases as well but I could be mixing it up with Prince Edward Island.
- pcthrowaway 3y ago
  It's actually worse in Vancouver (BC): https://globalnews.ca/news/9424677/rent-prices-canada-january-2023/ https://globalnews.ca/news/9424677/rent-prices-canada-januar...
avinoth 3y ago
Same for zurich and geneva as well. It’s almost a meme here for finding rental apartments within nominal budgets. They’re nice to live “if” you could afford to.
- expertentipp 3y ago
  Swiss companies are glad to hire EU folks just below the average Swiss salary. The relocation package is "we expect you to show up in the office on the first day".
- prodent 3y ago
  I would describe my personal experience in Zurich (and having lived in Berlin before) a bit differently. Everyone loves whining about finding a place to rent in both places, but in Berlin it's about finding anything at all whereas in Zurich it's usually about finding something cheap and ideally in a desirable Kreis 3 or Kreis 4 neighborhood. Yes it's competitive, but you will find something with realistic expectations + budget. NB: I don't earn a big tech salary either. If you land a Google/Meta/IBM/Disney/adjacent job, the (rental) housing market should not give you any headaches.
  - ChuckNorris89 3y ago
    Indeed. Which is worst, cities like Zurich and London where housing is very expensive but is available especially with a skilled job, or Berlin where housing is not too expensive, but almost non available to newcomers even on skilled jobs?
    - expertentipp 3y ago
      Which is worse chlamydia or syphilis? > Berlin where housing is not too expensive, but almost non available to newcomers even on skilled jobs? It's not available to long term residents either. In Berlin one has to compile and update monthly the application portfolio. Good luck having a landlord who'll issue debt free certificate more often than once a year. Think will get away without debt free certificate? Someone else will have it, sorry.
      - prodent 3y ago
        Finding an expensive apartment vs. not finding an apartment at all, really? Say you are single, have some experience and get low-balled into a CHF 100k contract. Not counting 13th salary this translates to CHF 7.7k per month gross / CHF 6k net (before health insurance). I.e. at up to 1/3 of your monthly net you can spend up to 2k per month on an apartment. There are plenty of those to choose from inside Zurich city, even if some might be small for the price or have other drawbacks. You can find cheaper/bigger/nicer easily by expanding your search radius to the (extremely well-connected) suburbs.
        expertentipp 3y ago
        > spend up to 2k per month on an apartment Only if you're a relentless hunter. Otherwise it looks more like >2.5k CHF monthly. 400-500 CHF monthly on health insurance, 500 CHF monthly for random tickets, fees, fines, and other "disciplinary measures". Suddenly you find yourself being poor in Switzerland. Being poor among rich hurts multiplied.
        3y ago

somerandomqaguy 3y ago

I think that's most cities. Toronto's rents have gone up about the same since two years ago, but many cities in Ontario and British Columbia have had rents go up quite a lot as well. I think Nova Scotia also saw pretty significant rent increases as well but I could be mixing it up with Prince Edward Island.

pcthrowaway 3y ago
It's actually worse in Vancouver (BC): https://globalnews.ca/news/9424677/rent-prices-canada-january-2023/ https://globalnews.ca/news/9424677/rent-prices-canada-januar...

avinoth 3y ago

Same for zurich and geneva as well. It’s almost a meme here for finding rental apartments within nominal budgets. They’re nice to live “if” you could afford to.

expertentipp 3y ago
Swiss companies are glad to hire EU folks just below the average Swiss salary. The relocation package is "we expect you to show up in the office on the first day".
prodent 3y ago
I would describe my personal experience in Zurich (and having lived in Berlin before) a bit differently. Everyone loves whining about finding a place to rent in both places, but in Berlin it's about finding anything at all whereas in Zurich it's usually about finding something cheap and ideally in a desirable Kreis 3 or Kreis 4 neighborhood. Yes it's competitive, but you will find something with realistic expectations + budget. NB: I don't earn a big tech salary either. If you land a Google/Meta/IBM/Disney/adjacent job, the (rental) housing market should not give you any headaches.
- ChuckNorris89 3y ago
  Indeed. Which is worst, cities like Zurich and London where housing is very expensive but is available especially with a skilled job, or Berlin where housing is not too expensive, but almost non available to newcomers even on skilled jobs?
  - expertentipp 3y ago
    Which is worse chlamydia or syphilis? > Berlin where housing is not too expensive, but almost non available to newcomers even on skilled jobs? It's not available to long term residents either. In Berlin one has to compile and update monthly the application portfolio. Good luck having a landlord who'll issue debt free certificate more often than once a year. Think will get away without debt free certificate? Someone else will have it, sorry.
    - prodent 3y ago
      Finding an expensive apartment vs. not finding an apartment at all, really? Say you are single, have some experience and get low-balled into a CHF 100k contract. Not counting 13th salary this translates to CHF 7.7k per month gross / CHF 6k net (before health insurance). I.e. at up to 1/3 of your monthly net you can spend up to 2k per month on an apartment. There are plenty of those to choose from inside Zurich city, even if some might be small for the price or have other drawbacks. You can find cheaper/bigger/nicer easily by expanding your search radius to the (extremely well-connected) suburbs.
      - expertentipp 3y ago
        > spend up to 2k per month on an apartment Only if you're a relentless hunter. Otherwise it looks more like >2.5k CHF monthly. 400-500 CHF monthly on health insurance, 500 CHF monthly for random tickets, fees, fines, and other "disciplinary measures". Suddenly you find yourself being poor in Switzerland. Being poor among rich hurts multiplied.
        3y ago