Why doesn't Vancouver, Burnaby, Richmond, Surrey and the Provincial Government just fully admit there's a reason BC is known as "Bring CASH"? Alternatively, just let anyone who isn't a well financed multiple property owner or REIT to just go away, leave. Ordinary working people are no longer welcome to have decent housing, affordable rent. Get out. That is the message I am hearing.
@@BoltRM Honestly it is, most people in Canada are actually Obese anyways. We can stand to lose 50ibs each I am sure lol. I myself have lost 23 ibs in 2 weeks running everyday.
Probably removed cuz the ad because they rented it out in 5 minutes with multiple offers. No rental ad needs to stay up for more than a day in Vancouver.
It seems like Vancouver is only for rich people to live. My question is, then, how would those rich people feel if they could not find average income earners there to fix their stuff like cars, plumbing, house, etc... I mean, can they find nurses or construction workers there? I mean, with those average income earners, they can not afford to live there, right??
it's amazing how landlords in this country have scammed so many Canadians out of their money. the entire rental market in Canada is fraudulent. these places are not worth $2000 a month, they're barely worth $500 a month. People need to stop paying these outrageous costs.
Don’t worry Justin Trudeau is making sure there’s a constant backdraft of immigrants willing to fill any hole, closet or tiny apartment left vacant by Canadians fed up.
The landlords are charging what the market will bear; just like you would. They're businesses, not charities. They don't owe you anything and they're certainly not obligated to answer for generations of government mismanagement and incompetence. Direct your anger where it belongs.
If it was a free market, you wouldn’t have these rich landlords lobbying the government to create laws restricting or in some cases completely stopping the construction of new homes.
Governments, banks, insurance companies etc. are all in on rising housing costs. As much as city councilors waffle on about affordable housing their hands always seem to be 'tied' by bylaws that never seem to change in favour of the people. Higher property values = higher gov revenues, insurance premiums and borrowing. The people that run those institutions could care less if you end up on the street
@@larrybethune3909 I paid off 1,5 million in 20 years. It's called saving your money. I don't drink, smoke, or go out to eat well I was paying it off. Now I am free and collecting rent from people. I took out a student loan after HS took a trade they paid for my room and board well I was in school. Then I saved for 3 years put my DP and never looked back.
@@dangal9366 If I had to pay that I would move to Alberta, I am not giving people advice I would not follow myself. However I am well established here. Till I liquidate it all and retire in another country. But still I would secure a small piece of land to park my RV while I am not using it while living abroad and when I come back to do my taxes every 8 months I will live in my RV and travel around Canada and the USA. At least that's the plan. Will buy electric truck to pull trailer solar panels work great in the USA, this should allow me to live off the interest / dividends.
3000$ is not an average. you should get a new fancy 1b for 3000$ in Vancouver. However, during the summer lower end and high end get closer. Only in Vancouver you sleep on a mattress as hard as a brick in an old bnb house for the price of a Hilton or Sheraton!
@@thehellyousay I swear I slept on a mattress as hard as a brick in Vancouver, which I'm pretty sure was pulled out of the dumpster. The only source of water was the bathroom. I think that was about as expensive as a Element Hotel in Alberta. Another bab wasn't that bad except turning off the heating. Their normal price is higher than the Sheraton Vancouver 😲
@@skyemac8 choose your poison I guess. This mess was created by Liberals and Conservatives over the last 30 years. Add in the fact that cost of living increases and housing crises exist all over the G7 I’m pretty sure it no longer matters who we vote for, we’re screwed.
I got off a bus at Main and Hastings, and a woman used pepper spray on a man. I almost got caught in the spray myself. That’s the neighbourhood they want 3000$ a month for.
Paying 2k to live in the hood? Lol. I didn’t know I was living in Asia. 200 sq ft for 2k. Time to post the company and boycott them. Time to say no to this opportunists.
The biggest problem with real estate prices is that REITs and corporate landlords are buying up a huge % of the homes. They end up with near monopolies and can charge what they like. The BC government recognized this and took a small step to correct it by making property tax higher on second homes. But it’s not really the people with a cottage or an investment condo to help cover the costs of their own mortgage that are the problem. The property tax needs to continue to go up with each additional home purchased, so that at 5 or 6 homes it’s no longer profitable to buy more. As interesting rates rose, people who did have one additional home with a variable mortgage are having to sell since they have to pay more than they’re taking in. Who will buy those homes? The big organizations with deep pockets who can afford to ride out losses for a few years in order to make big money later by gouging renters who have no choice but to pay or live on the street. Time for governments to stop the commodification of housing, and to take building more homes into their own hands. They pay the lowest interest rates and don’t need to make a profit, especially not in the short term. As long as they recover their costs, they’re good. This means lots of co-ops, where members buy in with a payment in proportion to their income and pay proportionate monthly rates. That means people of all income levels can afford to live in a community. Every member must contribute to the management and maintenance of the community, but all skills are useful so everyone does have something to offer. There’s a similar kind of housing that can be built in unused office space that can’t be easily converted to individual homes. Small groups of people with common interests can join together to reduce costs and support each other, or be supported. Each person has a large bedroom with a workspace, and there are common kitchens, living rooms and bathrooms. Dementia care or other supported living in family style accommodation is the preferred model. Maybe a few single moms would like to live together so they can live affordably and help each other balance making a living and raising kids. Young couples saving for a home big enough for kids? Single workers who would like some company after work? Students of course. It’s time for creative thinking and urgent action by our elected representatives.
That is the problem with low borrowing costs. These landlords don't really own the buildings and don't have the cash to buy them out. They actually don't want too becaseu of the tax structure adn the bad idea of long term low borrowing rates. Passive income only works if the owner actually owns the building as a asset, not a debt. Depending on low interest borrowed money is bad. Now they ask the renter to pay for their poor investment game. This looks in good times but the SHTF, touble is immediate. The best thing to happen now is still increasing the borrowing rates, then people rent together demanding lower rent rates, with many units staying empty. Then the owner with either have to sell of declare bankruptcy. They lose either way. Then the renters can co-op and buy the building from the banks. This is the only way to break the vicious cycle of feudalism, the bad derivative of corporate crony capitalism.
Was in Vancouver last weekend. No desire to live there but I enjoyed visiting my friend there. I used to live there but absolutely hated the winters. Dreary doesn't even begin to describe Vancouver in winter. More like deeply depressing.
no one is forcing ukrainians to live in ukraine... no one is forcing indengous canadians to live in canada, no one is forcing african americans to live in america.... that's what you sound like
@@RandomPerson-dl8qs well then you could work harder. If you wanna stay where everyone wants to live. The work is better in Alberta, higher wages even. You could just buy a tent here for less than 200.
Hot take all career politicians in this country need to be fully banned from rerunning for any form of political power and should require maximum term limits to enforce fresh faces to reduce corruption and stagnation.
All that would happen here is that we would have more pensions to pay. Humans are inherently greedy more politicians =more scams well they fill there pockets with our tax money
@@shauncameron8390 also the scams they do behind close doors, insider information on the stock markets etc. I basically said that in my post not sure why you repeated it. Maybe you just want to reinforce the idea. lol
The solution is to build more market and non-market housing of all types but ESPECIALLY micro apartments.. The size and design is right but the price point needs to sink like a stone... $1 per sq ft per month is what it should be priced at...
Welcome to living in a major city. Lots of opportunities bring people who need to live close to work, then prices rise. The old-stock locals from working class roots sell and move out in more rural areas then are bitter in old age.
@@sandorski56Maybe learn supply and demand? Regulation has kept housing units from being built and rent control laws mean you lose money by renting your place out. Greed has nothing to do with it but it’s an easy Hollywood narrative that simpletons understand so politicians and the media go with it.
I like how CBC decides what I'm to believe. Next to the CBC building are many news marketing firms that sell the CBC pre-packaged advertising that is marketed as real news. Often the employees of the CBC mix and mingle with the news marketing agencies, trading jobs, favours and bogus news content.
@@merevial let's start by us measuring things in square m not feet or football fields buddy. And my comment was about room not price. Ppl choose to live in Vancouver and Toronto and then cry why everything is so expensive - just move elsewhere while prices there are ok lol.
@@MiceDnP you clearly haven't lived in North America. Moving out of the city means changing your whole lifestyle. You either live and work in the city and unfortunately are forced to pay super high rents OR you go to some small town and have to live in a detached house, get a car (and driving license if you don't have one) just to get to the "nearest" grocery store. And by the way, for all that, you're still gonna be paying just a few hundreds less than in the city. Try and live here.
@@lucavlogstory well i'm currently living in Revelstoke- Canada. Try to use google maps to see where it is and when you find it's a small town in North America with a population of about 7k people, you can delete your comment already.
Yes. Vancouver is expensive. This is not news. Love how the media skew the numbers to fit the narrative. Comparing 2020 rents up to now skews the numbers because we had the pandemic. All those students and other younger people moved back in with their parents drastically decreasing demand and thus rents. Now that things are relativly back to normal, the rents have adjusted themselves accordingly
@@Bismvth It's all across the developed world. Thanks to short term rentals and real estate being treated as investment, the people who actually work in the towns and cities can't afford to live there. Now it's spreading to suburbia. It's almost like a contagion.
Housing is going up with Min wage and everything else. You think you can beat the rich? I think not. I used to pay $5 for 5Ibs of apples not long ago. Now it's over $10 for the cheapest bag. So I guess I need to charge more for my suites. Since you all where given raises and so I need my piece as well. simple economics.
@@EsoteriaHealing Min wage was 9 only 30 year ago here. Now it's 17- 18 I mean prices can only double when you look at that. When it was $9 Rent was 500-1200 a month depending on how much room and how fancy you need things to be. So when you factor that into things that same place should be 1000-3000 per month
I agree. But this is a Canada-wide issue now, not just isolated to Vancouver and Toronto. Where can you move that the price is fair? It trickles down to everywhere
Not a justifiable argument... "just move". Canadians don't live in cardboard boxes. Moving is expensive and suitable employment is not a given. Canada is in a housing and inflation crisis. BOC will likely raise rates again in the fall; are you aware of this?
@@onecatsopinionyou’re just trying to take the easy route and making others change bro tf you have freedom to move if it doesn’t suit u just leave we don’t need u
Adequate housing was recognized as part of the right to an adequate standard of living in article 25 of the 1948 Universal Declaration of Human Rights and in article 11.1 of the 1966 International Covenant on Economic, Social and Cultural Rights.
whats the difference between the rich and poor ? the rich invest there money and poor only save there money , thats the problem .....instead of crying go invest your money into something you can make more money and thats how you get rich ! crying to the government isnt going to work , you have to join the rich class if you want to get ahead any more
#1 Invest in an education in a marketable skill (Healthcare, trades etc.). #2 Don't spend money on frivolous junk (take out, tattoos, starbucks) #3 Avoid investing in fads (weed stocks, crypto) # 4 Sell your car. (Walk. Get a bike, take the bus) #5 Learn to cook and take your lunch to work (Goodbye $18 Mcdonalds meal🤡) #6 Quit smoking (you still smoke? Can you even do that anywhere anymore?)
@@EsoteriaHealing Absolutely true. I paid too much for my condos and houses back in the day. Imo, my tenants had it too easy back then. And now karma is on my side. 🎶🎵We're in the money. We're in the money. 🎶🎵🎤
Why doesn't Vancouver, Burnaby, Richmond, Surrey and the Provincial Government just fully admit there's a reason BC is known as "Bring CASH"?
Alternatively, just let anyone who isn't a well financed multiple property owner or REIT to just go away, leave.
Ordinary working people are no longer welcome to have decent housing, affordable rent.
Get out. That is the message I am hearing.
It has been said lots of times but people seem to over look it. The mountains, lakes, fresh water forests, Ocean all bring huge value.
@@rockyjohnson9243Tokyo Japan has all that and better with apartments as low as $500 a month. Vancouverites are legitimately brainwashed.
@@rockyjohnson9243Eating is overrated.
@@BoltRM Honestly it is, most people in Canada are actually Obese anyways. We can stand to lose 50ibs each I am sure lol. I myself have lost 23 ibs in 2 weeks running everyday.
Life doesn't give you handouts. If you can't afford it move. Don't be butthurt about people who can afford and choose to live there.
Probably removed cuz the ad because they rented it out in 5 minutes with multiple offers. No rental ad needs to stay up for more than a day in Vancouver.
$2,000/mth prison cell
No one forced you to live i. Downtown Vancouver did they?
@@rockyjohnson9243 What are you even talking about?
It seems like Vancouver is only for rich people to live. My question is, then, how would those rich people feel if they could not find average income earners there to fix their stuff like cars, plumbing, house, etc...
I mean, can they find nurses or construction workers there? I mean, with those average income earners, they can not afford to live there, right??
They say "Let's cross the bridge when we get there." As long as politicians are living comfortably, they don't give a hoot.
it's amazing how landlords in this country have scammed so many Canadians out of their money.
the entire rental market in Canada is fraudulent.
these places are not worth $2000 a month, they're barely worth $500 a month.
People need to stop paying these outrageous costs.
Don’t worry Justin Trudeau is making sure there’s a constant backdraft of immigrants willing to fill any hole, closet or tiny apartment left vacant by Canadians fed up.
They are worth whatever people are willing to pay. If the units are being rented then they are worth $2k. Welcome to a free market.
Haha renters !
The landlords are charging what the market will bear; just like you would. They're businesses, not charities. They don't owe you anything and they're certainly not obligated to answer for generations of government mismanagement and incompetence. Direct your anger where it belongs.
If it was a free market, you wouldn’t have these rich landlords lobbying the government to create laws restricting or in some cases completely stopping the construction of new homes.
Governments, banks, insurance companies etc. are all in on rising housing costs. As much as city councilors waffle on about affordable housing their hands always seem to be 'tied' by bylaws that never seem to change in favour of the people. Higher property values = higher gov revenues, insurance premiums and borrowing. The people that run those institutions could care less if you end up on the street
Work harder
@@rockyjohnson9243Qua? You'd have to be earning high 5 figures right out of the womb to be happily situated Rocky.
@@larrybethune3909 I paid off 1,5 million in 20 years. It's called saving your money. I don't drink, smoke, or go out to eat well I was paying it off. Now I am free and collecting rent from people. I took out a student loan after HS took a trade they paid for my room and board well I was in school. Then I saved for 3 years put my DP
and never looked back.
Bylaws that made housing expensive in the first place.
@@larrybethune3909
My brother found a way to get happily situated and he was born and raised in public housing like I was.
I guess if i lived there...i would be living in a van.
Down by the river? ;-)
@@stickynorth only if you don't have an education.
@@rockyjohnson9243 kinda meant by choice. Because I'm not paying 3000/month for 600 sqfeet.
@@dangal9366 If I had to pay that I would move to Alberta, I am not giving people advice I would not follow myself. However I am well established here. Till I liquidate it all and retire in another country. But still I would secure a small piece of land to park my RV while I am not using it while living abroad and when I come back to do my taxes every 8 months I will live in my RV and travel around Canada and the USA. At least that's the plan. Will buy electric truck to pull trailer solar panels work great in the USA, this should allow me to live off the interest / dividends.
Which was why my younger brother moved back to Montreal.
3000$ is not an average. you should get a new fancy 1b for 3000$ in Vancouver. However, during the summer lower end and high end get closer. Only in Vancouver you sleep on a mattress as hard as a brick in an old bnb house for the price of a Hilton or Sheraton!
You don't actually live here, do you? If you did, you'd know better.
@@thehellyousay I swear I slept on a mattress as hard as a brick in Vancouver, which I'm pretty sure was pulled out of the dumpster. The only source of water was the bathroom. I think that was about as expensive as a Element Hotel in Alberta. Another bab wasn't that bad except turning off the heating. Their normal price is higher than the Sheraton Vancouver 😲
Maybe CBC could pressure our government for answers?
That's probably too much to ask...
They'll tell you this is a free market. This is how free markets and capitalism work
CBC is the govt's 'news' mouth piece. Haven't you notice for certain political video on their YT channel, comments are turned off. 👀🦉
We just need a half million more immigrants each year to fill these vacancies. More immigrants less vacancies. Thanks Justin,
Yes cause totally immigrants are buying all this up and this is such a new problem that totally didn’t occur years and years ago
Question .. do the conservatives have any intention of slowing down the pace of immigration? ( spoiler, the answer is no. )
Correct, but that doesn’t get the NDP and Liberals off the hook.
@@skyemac8 choose your poison I guess. This mess was created by Liberals and Conservatives over the last 30 years. Add in the fact that cost of living increases and housing crises exist all over the G7 I’m pretty sure it no longer matters who we vote for, we’re screwed.
LOL
Shame..... That should be listed for 500$ given the fact that its right beside hasting.
300 realistically. It's 200 m squared, that is insane!
I got off a bus at Main and Hastings, and a woman used pepper spray on a man. I almost got caught in the spray myself.
That’s the neighbourhood they want 3000$ a month for.
That 'apartment' is 200 square feet, not 200 square meters. 200 sq ft is one third of the size of 200 sq. meters! 1/3 !! @@dlo111
@@dlo111 move to Alberta if you want a 700 a month apartment. No one forced you to live in BC or Ontario
@@rockyjohnson9243
Exactly.
Paying 2k to live in the hood? Lol. I didn’t know I was living in Asia. 200 sq ft for 2k. Time to post the company and boycott them. Time to say no to this opportunists.
Affords this city, how about affords this province?
The solution is stop paying rent. Stop making these landlords rich. The problem will stop.
That would mean buy your own house and get out of the city.
$2000 for an apartment smaller than a Soviet commie block. wtf
The biggest problem with real estate prices is that REITs and corporate landlords are buying up a huge % of the homes. They end up with near monopolies and can charge what they like. The BC government recognized this and took a small step to correct it by making property tax higher on second homes. But it’s not really the people with a cottage or an investment condo to help cover the costs of their own mortgage that are the problem.
The property tax needs to continue to go up with each additional home purchased, so that at 5 or 6 homes it’s no longer profitable to buy more. As interesting rates rose, people who did have one additional home with a variable mortgage are having to sell since they have to pay more than they’re taking in. Who will buy those homes? The big organizations with deep pockets who can afford to ride out losses for a few years in order to make big money later by gouging renters who have no choice but to pay or live on the street.
Time for governments to stop the commodification of housing, and to take building more homes into their own hands. They pay the lowest interest rates and don’t need to make a profit, especially not in the short term. As long as they recover their costs, they’re good. This means lots of co-ops, where members buy in with a payment in proportion to their income and pay proportionate monthly rates. That means people of all income levels can afford to live in a community. Every member must contribute to the management and maintenance of the community, but all skills are useful so everyone does have something to offer.
There’s a similar kind of housing that can be built in unused office space that can’t be easily converted to individual homes. Small groups of people with common interests can join together to reduce costs and support each other, or be supported. Each person has a large bedroom with a workspace, and there are common kitchens, living rooms and bathrooms. Dementia care or other supported living in family style accommodation is the preferred model. Maybe a few single moms would like to live together so they can live affordably and help each other balance making a living and raising kids. Young couples saving for a home big enough for kids? Single workers who would like some company after work? Students of course.
It’s time for creative thinking and urgent action by our elected representatives.
Thanks to government over-regulation that ensured only the richest of the rich can afford to build and own property.
That is the problem with low borrowing costs. These landlords don't really own the buildings and don't have the cash to buy them out. They actually don't want too becaseu of the tax structure adn the bad idea of long term low borrowing rates. Passive income only works if the owner actually owns the building as a asset, not a debt. Depending on low interest borrowed money is bad. Now they ask the renter to pay for their poor investment game. This looks in good times but the SHTF, touble is immediate. The best thing to happen now is still increasing the borrowing rates, then people rent together demanding lower rent rates, with many units staying empty. Then the owner with either have to sell of declare bankruptcy. They lose either way. Then the renters can co-op and buy the building from the banks. This is the only way to break the vicious cycle of feudalism, the bad derivative of corporate crony capitalism.
Was in Vancouver last weekend. No desire to live there but I enjoyed visiting my friend there. I used to live there but absolutely hated the winters. Dreary doesn't even begin to describe Vancouver in winter. More like deeply depressing.
Good thing the real estate company cleaned up that dump and provide proper clean housing
Nothing is forcing people to live in Vancouver.
no one is forcing ukrainians to live in ukraine... no one is forcing indengous canadians to live in canada, no one is forcing african americans to live in america.... that's what you sound like
@@FrankiePacino move to Alberta sask wpg all cheap out that way
Nothing better than finding the inevitable "just moooooooooooovveeeeee" comment on a video like this.
@@rockyjohnson9243 cheap for reasons.... thank u for the useless advice
@@RandomPerson-dl8qs well then you could work harder. If you wanna stay where everyone wants to live. The work is better in Alberta, higher wages even. You could just buy a tent here for less than 200.
My 1BR is 1100 in a house in Fairview. It seems this is a big deal.
just leave.. I did. lots of other places to get a job and rent but you have to put up with worse weather
Hot take all career politicians in this country need to be fully banned from rerunning for any form of political power and should require maximum term limits to enforce fresh faces to reduce corruption and stagnation.
...and? That is not a solution. We need something specific to Housing and other Actual problems, not just different politicians.
Specifically how would this help the housing crisis?
All that would happen here is that we would have more pensions to pay. Humans are inherently greedy more politicians =more scams well they fill there pockets with our tax money
@@rockyjohnson9243
More politicians = higher taxes and costs to support their salaries and pensions.
@@shauncameron8390 also the scams they do behind close doors, insider information on the stock markets etc. I basically said that in my post not sure why you repeated it. Maybe you just want to reinforce the idea. lol
The solution is to build more market and non-market housing of all types but ESPECIALLY micro apartments.. The size and design is right but the price point needs to sink like a stone... $1 per sq ft per month is what it should be priced at...
‘Fewer options’ NOT ‘less options’.
What a joke.
When did we all become landlords, we are all to blame!
Great option for individuals or couples.
THIS. Is Sparta!
VANCOUVER: Drugs = Rich to POOR.
no. drug user = poor. Drug seller = $$$$
Toronto landlord's bringing their sinister sense of humor, and shady "deal with it" tactics to the rest of Canada.
Its capitalism, not Toronto-ism.
BC is the same hot bed. No difference.
@@lizliz4186it’s Toronto’s developers style.
Is this A.I ?
Yes. You are now in the Matrix
@@acenda-r2d2I only offer the truth , nothing more
Vancouver is no better than Gotham city! 😬
Well done, Justin!
Vancouver: We don't discriminate but our prices sure do!
You think 200sq feet here is expensive check out Hong Kong 🇭🇰
Welcome to living in a major city. Lots of opportunities bring people who need to live close to work, then prices rise. The old-stock locals from working class roots sell and move out in more rural areas then are bitter in old age.
@@jgp7414 This has been happening for the last 400 years now maybe longer.
profit drives poverty
You rather loss?
So many commenters appreciating the results of Tikkun...
Thank you Jagmeet Singh for making Vancouver unaffordable.
How did the federal NDP have real influence over anything in BC?
Market Regulation is required.
@@ShonCzinner No.
@@sandorski56
Yes it did.
@@shauncameron8390 Nah, Greed caused this. Regulation is what negates it.
@@sandorski56Maybe learn supply and demand? Regulation has kept housing units from being built and rent control laws mean you lose money by renting your place out. Greed has nothing to do with it but it’s an easy Hollywood narrative that simpletons understand so politicians and the media go with it.
@@sandorski56
Over-regulation is what caused it.
Keep voting Liberal, folks! The planned and systematic dismantling of Canada is almost complete.
I like how CBC decides what I'm to believe. Next to the CBC building are many news marketing firms that sell the CBC pre-packaged advertising that is marketed as real news. Often the employees of the CBC mix and mingle with the news marketing agencies, trading jobs, favours and bogus news content.
And yet here you are... WELCOME!
@@stickynorth If you want a cola, your choice is Coke or Pepsi. When you want news, its the Communist Broadcasting Corporation.
Cbc popped up on my feed this morning but I have zero faith in their reporting practices and do not endorse them in any way
Don’t count on the Conservatives to change this.
This one's on the NDP that currently rule BC.
What language was she speaking?
This is trudeaus Canada
❤❤❤❤❤❤❤
Omg.. 1 room only? Canadians have started living like most of countries in europe where it is considered normal... Ohh no!
Show me a 200sq ft flat in mainland Europe for 2000$
@@merevial let's start by us measuring things in square m not feet or football fields buddy. And my comment was about room not price. Ppl choose to live in Vancouver and Toronto and then cry why everything is so expensive - just move elsewhere while prices there are ok lol.
@@MiceDnP you clearly haven't lived in North America. Moving out of the city means changing your whole lifestyle. You either live and work in the city and unfortunately are forced to pay super high rents OR you go to some small town and have to live in a detached house, get a car (and driving license if you don't have one) just to get to the "nearest" grocery store. And by the way, for all that, you're still gonna be paying just a few hundreds less than in the city. Try and live here.
@@lucavlogstory well i'm currently living in Revelstoke- Canada. Try to use google maps to see where it is and when you find it's a small town in North America with a population of about 7k people, you can delete your comment already.
@@MiceDnP
Exactly.
This.
👏🏻👏🏻👏🏻👏🏻
Yes. Vancouver is expensive. This is not news.
Love how the media skew the numbers to fit the narrative.
Comparing 2020 rents up to now skews the numbers because we had the pandemic. All those students and other younger people moved back in with their parents drastically decreasing demand and thus rents. Now that things are relativly back to normal, the rents have adjusted themselves accordingly
Average 1-bedroom rent in Vancouver was 1,957. Dork. The housing crisis is real, and its all across North America.
@@Bismvth Go easy on Colin, he was born in 2017
TDLR: YVR was/is/will always be expensive... Now what are you going to do about it?
@@Bismvth work harder
@@Bismvth It's all across the developed world. Thanks to short term rentals and real estate being treated as investment, the people who actually work in the towns and cities can't afford to live there. Now it's spreading to suburbia. It's almost like a contagion.
Give free lands to foreigners so they can buy the 20k house from Elon Musk company.
😮😅
BC deserves this for voting Liberal and NDP and doing the same thing expecting a different result.
Housing is going up with Min wage and everything else. You think you can beat the rich? I think not. I used to pay $5 for 5Ibs of apples not long ago. Now it's over $10 for the cheapest bag. So I guess I need to charge more for my suites. Since you all where given raises and so I need my piece as well. simple economics.
You don't beat the rich, you become one.
Wanting a green planet costs money. As does living in a highly desired place.
Renters are not the people being given raises. Which world are you living in?
@@EsoteriaHealing no renters are being given any raises? Only home owners are given those?
@@EsoteriaHealing Min wage was 9 only 30 year ago here. Now it's 17- 18 I mean prices can only double when you look at that. When it was $9 Rent was 500-1200 a month depending on how much room and how fancy you need things to be. So when you factor that into things that same place should be 1000-3000 per month
So much crying, just move elsewhere instead of expecting someone else to solve your problem.
this is a crisis that needs to be dealt with.
I agree. But this is a Canada-wide issue now, not just isolated to Vancouver and Toronto.
Where can you move that the price is fair?
It trickles down to everywhere
If everyone moves elsewhere it only increases the prices elsewhere.
Not a justifiable argument... "just move". Canadians don't live in cardboard boxes. Moving is expensive and suitable employment is not a given. Canada is in a housing and inflation crisis. BOC will likely raise rates again in the fall; are you aware of this?
@@onecatsopinionyou’re just trying to take the easy route and making others change bro tf you have freedom to move if it doesn’t suit u just leave we don’t need u
HOUSING IS NOT A RIGHT!
It IS an absolute necessity though
@@ninemoonplanet
But it's still not a right. Even social housing has stipulations on who can get it it and on what terms and conditions.
It’s not but when hard working Canadians can’t afford a home it’s a serious problem
Adequate housing was recognized as part of the right to an adequate standard of living in article 25 of the 1948 Universal Declaration of Human Rights and in article 11.1 of the 1966 International Covenant on Economic, Social and Cultural Rights.
Housing is a right but land ownership is not.
whats the difference between the rich and poor ? the rich invest there money and poor only save there money , thats the problem .....instead of crying go invest your money into something you can make more money and thats how you get rich ! crying to the government isnt going to work , you have to join the rich class if you want to get ahead any more
So, chose to eat OR invest?
The government made the rich with their terrible policies.
@@gr8tbigtreehuggera tent is free. Don't waste your money on rent.
#1 Invest in an education in a marketable skill (Healthcare, trades etc.).
#2 Don't spend money on frivolous junk (take out, tattoos, starbucks)
#3 Avoid investing in fads (weed stocks, crypto)
# 4 Sell your car. (Walk. Get a bike, take the bus)
#5 Learn to cook and take your lunch to work (Goodbye $18 Mcdonalds meal🤡)
#6 Quit smoking (you still smoke? Can you even do that anywhere anymore?)
@@gr8tbigtreehuggerYou need to think bigger than that. It's not food thats taking up your budget I bet
This is how housing has gotten out of control. This is how I make money as a landlord. This is how I laugh my way to the bank.
Karma bites back.
@@EsoteriaHealing Does it now sounds like wishful thinking
@@EsoteriaHealing Absolutely true. I paid too much for my condos and houses back in the day. Imo, my tenants had it too easy back then. And now karma is on my side. 🎶🎵We're in the money. We're in the money. 🎶🎵🎤