THeBlueCashew

General Discussion => The Flea Trap => Topic started by: JOE on August 29, 2018, 11:13:19 AM

Title: Being a renter in Toronto must be expensive
Post by: JOE on August 29, 2018, 11:13:19 AM
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/



....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.
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 29, 2018, 07:32:48 PM
Quote from: "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/



....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
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 29, 2018, 09:01:18 PM
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
Title: Re: Being a renter in Toronto must be expensive
Post by: Bricktop on August 29, 2018, 09:19:04 PM
Renting anywhere is expensive.
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 29, 2018, 09:34:52 PM
Quote from: "Bricktop"Renting anywhere is expensive.

But, house prices are inflated across much of this country.
Title: Re: Being a renter in Toronto must be expensive
Post by: Bricktop on August 29, 2018, 09:36:47 PM
And this.



We own rental properties.
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 29, 2018, 09:41:55 PM
Quote from: "Bricktop"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?
Title: Re: Being a renter in Toronto must be expensive
Post by: Bricktop on August 29, 2018, 10:17:20 PM
Its steady. Too volatile in Sydney and Melbourne, but more stable and solid in other cities.
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 29, 2018, 10:18:06 PM
Quote from: "Bricktop"And this.



We own rental properties.

Houses were damn expensive when I was in Queensland.
Title: Re: Being a renter in Toronto must be expensive
Post by: Bricktop on August 29, 2018, 10:20:45 PM
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.
Title: Re: Being a renter in Toronto must be expensive
Post by: Anonymous on August 30, 2018, 06:58:12 AM
Quote from: "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.

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.