If you’re renting a place in Vancouver and you’re relatively happy with your rental rate, hold on to that spot because the average rent in the most expensive city to rent is out of control.
https://dailyhive.com/vancouver/average-rent-vancouver-spikes-july-2023
the average rent for a one-bedroom in Vancouver is now $2,945 monthly! That’s a 4.0% increase month-over-month and an 18.1% increase year-over-year.
Two-bedrooms are even worse, where the average rent has jumped to $3,863 per month, a 5.4% increase month-over-month and a 14.2% increase year-over-year.
In Vancouver, if you were to tabulate how much a one-bedroom would cost you over a year, you’re looking at $35,340. And for a two-bedroom? It’s a whopping $46,356.
Trunps the time travelling billionaire.
Only the Don will be left by the storm.
#AlienLeaks