Being a renter in Toronto must be expensive

[JOE]

Article says over $2000 for 1 br. More like $2500 per mo?



https://www.theglobeandmail.com/real-estate/article-whens-the-worst-time-to-find-a-rental-in-toronto-right-now/">https://www.theglobeandmail.com/real-es ... right-now/">https://www.theglobeandmail.com/real-estate/article-whens-the-worst-time-to-find-a-rental-in-toronto-right-now/



....is it really that expensive, seoulbro?



And what about the cost of living, eating out on Toronto?



Is it as severe as the price of the rents as well?



Why is the situation so out of hand?



Guess its the laws of supply and demand, eh.

[Anonymous]

Article says over $2000 for 1 br. More like $2500 per mo?



https://www.theglobeandmail.com/real-estate/article-whens-the-worst-time-to-find-a-rental-in-toronto-right-now/">https://www.theglobeandmail.com/real-es ... right-now/">https://www.theglobeandmail.com/real-estate/article-whens-the-worst-time-to-find-a-rental-in-toronto-right-now/



....is it really that expensive, seoulbro?



And what about the cost of living, eating out on Toronto?



Is it as severe as the price of the rents as well?



Why is the situation so out of hand?



Guess its the laws of supply and demand, eh.

 ac_dunno

[Anonymous]

Here are some two bedroom apartments for rent in Toronto.

https://www.kijiji.ca/b-2-bedroom-apartments-condos/city-of-toronto/c214l1700273?price=__1500">https://www.kijiji.ca/b-2-bedroom-apart ... ice=__1500">https://www.kijiji.ca/b-2-bedroom-apartments-condos/city-of-toronto/c214l1700273?price=__1500

[Bricktop]

Renting anywhere is expensive.

[Anonymous]

Renting anywhere is expensive.

But, house prices are inflated across much of this country.

[Bricktop]

And this.



We own rental properties.

[Anonymous]

And this.



We own rental properties.

I read the real estate market was red hot in Australia a decade or so ago I believe. How is it today?

[Bricktop]

Its steady. Too volatile in Sydney and Melbourne, but more stable and solid in other cities.

[Anonymous]

And this.



We own rental properties.

Houses were damn expensive when I was in Queensland.

[Bricktop]

In some parts, they are, and in others they're OK. Of course, that is not on prime real estate where $IM for a building block is pretty much average.

[Anonymous]

In some parts, they are, and in others they're OK. Of course, that is not on prime real estate where $IM for a building block is pretty much average.

Real estate is expensive in most parts of Canada too, but if one looks hard enough in the right market, they might find a bargain.