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Have been recently looking at 2 bedroom near metrotown area.
Seems the price have dropped significantly for new concrete apartment at Bennet St & Silver Avenue, but still 2 bedroom are still mid 700K.. What an average family can afford to rent is roughly $2200.....
How can landlord breakeven with mortgage, strata, insurance, property tax...? especially these concrete strata is like $400 a month..?
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