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The residential rental market


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#341 tjv

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Posted 20 June 2018 - 11:15 AM

I know and I just shake my head, you aren't making any money at those rates by the time inflation is factored in

 

I'll stick to my 20+% mortgages thanks



#342 Rob Randall

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Posted 02 July 2018 - 06:49 AM

Great world chart. Look for Victoria at the $1200 level, alongside Pittsburgh and Bristol.

 

https://i.redd.it/0lji1j8bzh711.png

 

More expensive than Berlin, cheaper than Stockholm.

 

But of course this depends on how they classify the boundaries of the city.


Edited by Rob Randall, 02 July 2018 - 06:50 AM.

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#343 Sparky

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Posted 02 July 2018 - 09:40 AM

^ Thanks for that Rob. That ignited a 2 hour discussion with our mid 20's spawn  about supply and demand....mixed with location and weather..... served with a dash of dinero. 

 

In other words what makes the world go 'round.



#344 tjv

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Posted 02 July 2018 - 01:48 PM

^^that's a great chart, but as there are cities listed around the world I will assume its in US dollars?  I'm not sure you can find a place for $1200 CAD right now



#345 Rob Randall

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Posted 02 July 2018 - 02:11 PM

It's USD which works out to just over $1500 which is the cost of a nice two bedroom (downtown would be more, basement suite, less).

 

Links to the original data and other info is here:

https://www.reddit.c...son_540_cities/



#346 Rob Randall

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Posted 02 July 2018 - 02:22 PM

Here you go, the cheapest 1,800 sq. ft. apartment in the world:

 

https://www.99acres....1641?pos=SEARCH

 

$105.57 per month in Vadodara, India. 

 

A very good 3 bhk flat for rent in flat h 2, sevasi, vadodara. It is a superb property and offers an excellent view. The flat is semifurnished with multiple amenities and promises a comfortable stay. It is feng shui/vaastu compliant, which is considered to bring positive energy. It has a super built-Up area of 1845 sq. Ft. Other facilities include lift(S), park, visitor parking and water storage etc. It also has vitrified flooring. 1 covered parking. Full power back up.

 


Edited by Rob Randall, 02 July 2018 - 02:23 PM.


#347 LJ

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Posted 02 July 2018 - 07:18 PM

Well I know how we could save a bundle on housing the homeless......


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Life's a journey......so roll down the window and enjoy the breeze.

#348 Casual Kev

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Posted 02 July 2018 - 09:05 PM

Maybe I should learn some Polish to set up an affordable retirement somewhere along the Baltic Sea... figures massive emigration plus zero natural growth makes things cheap, haha



 



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