Quote:
Originally Posted by Metro-One
Wow... so the average rent for a two bedroom in Vancouver is 110% my current monthly salary...
Luckily where I currently live my two bedroom apartment only costs 1/5 of my monthly salary.
Either everyone in Vancouver now makes around $15000 a month or something is really out of whack.
Every time I want to move back I read these stats and I feel I can stay at least a few more years in Asia...
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You could do a $3200 rent on 8k of net monthly income (30% of gross, which should be around 10k or 120k combined salary), which isn't all that uncommon for dual income earners. Where it gets tricky is when you need to pay for daycare or one of the spouses can no longer work those hours to take care of the kids.
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