“I’ve been looking at 3 bdrm rental units the past year. Usually I see 5 or 6 units for rent in Vancouver or Burnaby area @ price 1600 or less. But recently that figure has gone up to around 35 to 40.
You can get decent place for 1350 to 1550 per month with around 1100 sqft.”
- house burden at greaterfool.ca 17 Nov 2012 3:49am
Counterintuitive to some, the rental market will also weaken as RE prices soften and drop.