4 ms·

> at least in my city where it seems the current cost of living space is $1k/sq ft (CAD). Even in Canada I don't think rent is this high :) ... Curious what yo

• nik_0_0 2y ago
  Likey buying - 800k for a 800sqft - sounds about right for major Canadian metros like Toronto/Vancouver
  • brailsafe 2y ago
    Yep, that's right. Translates to rent one way or another.
• brailsafe 2y ago
  Ya I was just kind of ruminating on future prospects and should have specified to buy, but no part was hyperbole. Translated to rent (which is apparently decreasing slightly as of late) it works out to about $3-5/sq ft per month, or like $1700-2200 for a studio and $2.7k-3500 for a 2 bed, probably looking at upwards of $4k for anything with land, all depending on factors much like buying. In smaller isolated cities, and far flung suburbs, it's less but not by as much as you'd think, they're all catching up. It feels insane that in our next place, we'll likely be spending around $24k a year for a space with no bedroom, probably in someone's basement again, which is around what my dad currently earns after taxes, but it's a bit up to luck. I almost don't want to think about it, so much anxiety. Sad state of things really, along with the economy. Unless you already make great money, inherented it, locked something in ages ago, or just prefer to live in the deep boonies, you're kind of screwed.
  • mb7733 2y ago
    Ah I see, I was only thinking of rent, not purchase price.