I own a house, and I rent it.
I know it sounds crazy.
But it’s true.
And you know what?
It’s worth it.
In fact, I think the only way you will ever truly understand how much it really costs to rent a home is to understand what it’s like to live there.
The average rent for a two-bedroom apartment in the US is $1,977 per month.
That’s an incredible amount of money for a family of four in a place where a $30,000 house might buy you a $200,000 apartment.
As for what you should consider before you buy, the rental industry tells me the average price of a new two- or three-bedroom rental property in the city of Vancouver is $859 per month, a staggering $3,500 more than the average rent in the state of Texas.
So what’s the real story?
What is the cost of living in Vancouver?
I spoke to a local realtor who told me the typical rent in Vancouver is about $1.2 million per year.
The average household income here is $71,400.
That means we would need to pay nearly $11,000 per month in rent in order to make it through our average year.
So what exactly does that mean?
I can think of a few possible explanations for why that might be true.
One is the average Vancouver rental income is lower than the national average.
That would mean that renters in the metro area would have a higher rent-to-income ratio than those in the rest of the country.
Another possible explanation is that Vancouver rents are higher than in other parts of the world, such as New York City.
But the rental income difference is only about $150 per month per person.
That means that a couple renting in Vancouver might have a monthly income of $1 million in the national capital, but they are spending about $500 per month renting a two bedroom.
So a two person couple living in Toronto with a $1-million annual salary might have to spend more than $4,000 a month just to cover their monthly rent in their apartment in Vancouver.
So why is that?
Why is it that the rental market is so competitive?
If you take a look at how many apartments have been sold in Vancouver this year, you’ll see that about 20 per cent of those sales were for single-family detached homes, and the rest were for condos.
A typical Vancouver home is about 20,000 square feet.
That doesn’t mean you need a big kitchen to be comfortable.
However, the average cost per square foot of a two or three bedroom apartment in Toronto is about a third that of Vancouver.
So even though a lot of the new two bedroom condos in Vancouver are being built for people who have lower incomes, a typical two-person household in Toronto would need more space than most people in Vancouver to get by in a two room apartment.
That’s not all.
The city also has some of the highest real estate prices in the country, so many people are living in homes that are just too big for them.
This is where Vancouver rents become so expensive that they might not be worth the monthly cost of renting.
If you think about it, you can easily imagine that the average Canadian family would spend almost $5,000 each month to rent an apartment in Canada.
The price of rent in Toronto and Vancouver is way higher than that, but we can’t compare apples to apples here.
In a perfect world, you would rent the same apartment in both cities.
But in reality, renting a condo in Vancouver will cost you more than renting an apartment, because it’s a two floor unit that costs more.
So the rent that most people will pay in Vancouver and Toronto will likely be much higher than the rent in most other parts and markets around the world.
That makes it an extremely expensive way to live.
In addition, Vancouver is a very expensive place to live for renters who are looking to rent.
The median monthly rent for single family rentals in Vancouver, for example, is $3.1 million.
In Toronto, it’s about $2.8 million.
For renters who need to work part time, it could be difficult to find a job that pays well enough to afford living in the region.
Another problem for renters is that many people who live in Vancouver have never had to find work.
If you were an aspiring entrepreneur looking to expand your business, Vancouver could be the best place for you.
The fact that you are already well established and know what you are doing could help you get your foot in the door faster.
You can even take advantage of some of Vancouver’s unique tax advantages.
Like the City of Vancouver, the province of British Columbia does not levy a personal income tax.
It levies property taxes.
This means that it is cheaper to buy a home in