Quote:
Originally Posted by westopher
in 2011 when my wife moved here her basement suite in south Van was $700, and that included the nice Chinese family above her coming downstairs and knocking on her door occasionally with a plate of their family dinner. It's truly fucked where we are at now.
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Ahh, for what it's worth they still do that but closer to $1,300 - 1,700/month depending on how many windows you get. Basements with just the dinky window that's 30cm long on the ceiling is cheaper.
Quote:
Originally Posted by 68style
I distinctly remember as little as 5 years ago, I would break even on my 1 bedroom + den condo if I rented it out between the mortgage + taxes + strata fee...
Now?? If I moved out and rented it out I'd be making like $500 a month+++ on top of all that being paid.
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That's why us youngins are losing hope!
Over 80% of my friends have collectively decided that we are very likely moving to Asia/Calgary in the mid to long-term once we no longer have the itch to go out or be in a big city. Our greatest benefit is that we are one of the first generations to have remote work available worldwide. Downside is we can't stay where we grew up without stagnating our wealth and paying high cost of living.