The average rent for an one-bedroom in Vancouver has reached an all-time high! According to PadMapper, a website that gathers data from public listings such as those shared on Craigslist, the median price for a one-bedroom across the Metro Vancouver region sits at $2,020 as of September 2017.
Other research also reckons the same conclusion. According to Quantitative Rhetoric, a real-estate blog by Louie Dinh (a data scientist and graduate student at UBC), the median price for a one-bedroom apartment in Vancouver is now at $2,000 per month as of September 2017. This number is based on Louie’s analysis of Craiglist listings.
While the rent is incredibly high, it’s not shocking to most of us.
“I’m not surprised,” said Lama Mugabo, a spokesperson for the Vancouver Tenants Union, a new group that held its first meeting last April. “If you are on welfare, the situation is dire. But even if you are working, to pay $2,000 a month is a stretch.” (source: The Georgia Straight)
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