As a Vancouver-born and bred human, I cannot get over these numbers! I'm 40 now, but all of us in our early 20s were able to modest apartments for under $800. It's wild to hear that people (including us!) are routinely spending $2K+ on 1 bedroom apartments.
I've lived in Victoria, BC for almost 20 years. I remember when the two bedroom apartment was $800 utilities included with a sheltered parking lot... gone are those days 😢 I now live in another two bedroom apartment.hw/heat included with a parking space at $1800 which has actually the lower end of the rental spectrum in Victoria
I guess one important question that you're missing out on is 'how long have you lived in that place?' Vancouver has rent control which can be a game changer. My roommate (the primary lease holder) pays 1480$ rent for his 2 bdrm place in KITSILANO because he's had rent control for 9 years. I pay 1000$ as a subletter/roommate so he only pays 580ish with utilities.
What is interesting, there are long term tenants in the lower mainland that pay less than a 1000 for the same suite in a complex that costs 2500 because of rent control. My friend in White Rock pays 800 a month and his neighbour has the same size unit and pays 1600.
@@AdamJBell Or you get really lucky with a chill landlord and find 2 story penthouse downtown with 4 bedrooms and just 1 roomate for 1000 bux a month! The only catch was they are planning on tearing it down to rebuild any day. So far its coming up on 5 years and the plans keep getting delayed!
My inlaws pay 1500 for a 3000 sqft house with two shops and 3 acres 40 minutes from downtown because they've been there for 15 years. We lived 30 seconds up the road from them, and were paying $2300 for a 700sqft apartment smh
Great video, and you are getting better in knowing Vancouver's rental market. It was quite a challenge in guessing the rent, as some of them got discount (below market rent)!
I feel like all these people struck out like crazy. Anything I see that is currently available is a MINIMUM of 2000/month, even in a 40 year old building with no amenities in the west end..
Yeah.... I rent a condo in metrotown recently and it costs me 2400 for a unfurnished condo... but surprisingly, there are more than 30 candidates for that condo, that is really crazy
One of the questions I was asking people is "how long ago did you start renting here?" because if it was more recent, I'd have to guess several hundred higher! It is getting up there... 😬
Interesting about the Burnaby apartment. There are one bedrooms in downtown Fredericton and Moncton that are just under or over that price and they don't include electricity/heat. .
I live in Surrey and my Rent costs 1.750$ month 520qft for 1 bd very close King George station.. How this people founded this UMBELIEVEBLE prices for rent Downtown, Burnaby etc.. all very old contracts I suppose.
This actually has me thinking that it’s cheaper than I thought! We just moved back home from Halifax bc rent was $2200 pou unfurnished (and going up) for a >700sqft 2bd apt near downtown.
Way back in 1980 my sister inlaws mother was paying $1400.00 per month for a one bedroom in Vancouver. We all thought she was crazy to pay that. My Parents were only paying $250.00 a month for a one bedroom in Langley at that time.
I sure would hate to have those rents. I paid 700 a month back in1999 in Vancouver and hated to pay that much. I did the smart thing and saved for two years so i could buy my condo in Richmond. now 20 years later I'm still paying 800 a month for mortgage and condo fees combined heat hot water and electric included 905 sq ft . People stop renting and buy anything you can afford even if it's a smaller place. rent money is spent money you never get it back
@@Alejandro-wr If you're holding crypto, you should already be aware that you will only win/profit if the price of the cryptocurrency rises. On the other hand, you might want to consult with a professional to diversify your holdings and increase your earnings.
I just moved from Toronto.. i paid $2300 near entertainment district… it was 600sqft unit 5 minutes away from osgoods station… but i paid same money not in downtown its far from downtown…i think Vancouver is more more expensive than Toronto or GTA. Moving to Vancouver that was my biggest mistake. Job market is small.. the nature don’t impressed me at all. I like city not small town..
Compare the salary and percentage you will spend on rent and you won't say it's cheaper. Lol. It is actually cheaper in NY, given the salary and less tax.
Hey Adam, the other day I felt miserable while walking back from the grocery store with 2 huge heavy bags that were destroying my hands while passing by a line of parked Mercedes, BMWs, a Bronco, a Tundra and a fricking Bugatti, and I couldn't help it but wonder, how much the people owning those cars actually make a year? That'd be a great video and it will follow a similar line as this interview series
Those cars are leased or financed by people who are living paycheck to paycheck, or in the case of the bugatti/small percentage, people who are actually super rich.
As some people wrote below, lots of money comes from other places, but tons of folks from here also have nice cars. These cars can be afforded by people who have stuck in their careers for a while and now earn $100k+ (aside from the bugatti, that's crazy money you need to have) but there are also tons of business owners here in Canada who do very well for themselves. People do make the money to afford those things here, but just not on average 🚗
Ah yes. The HUGE price gap between rents in surrey and Vancouver.. I personally rent a place in Burnaby for 1,550 a month. 2 bedroom 950sp.ft. with a 1.5 acre back yard
I live in West Vancouver and I pay 600$. my living room, room, kitchen and dining room are the same. The only other expenses are bus pass, internet and cell phone. Yes, Vancouver can be the most expensive place to live, unless you know where to look
what got my attention was first I live in Victoria so I probably do pay what he is expecting unfortunately. but what made me watch it was I seen Michael downie I thought sure why not I'll watch it to see why he's in it. lol I lived directly downtown van on the 10th floor looking at Stanley Park more or less and I pay a bit more here for a small house with a Decent yard . the big plus is I'm in Langford so I you get what you pay for. for God sake I paid 800 a month in Burnaby just on fell so I'm dam near debating moving back to tge mainland.. until it snows then I want here
I've seen places listed for RENT in newer buildings in Vancouver for $4,500 a month. What kid of JOB do you have to have to be able to afford that? Renters are really getting screwed when the idiotic banks tell people they "can't afford" a $1,050 a month mortgage, when they're *already* paying $1,600 in RENT. How does that make any sense?
This was fun! I'm contemplating moving there from Europe (currently living in Spain) and the rent prices are SO much higher there, ouch! (I'm sure the salaries are higher though so it all evens up in the end hopefully)
@@MrVikingsandra living with a roommate helps a lot. A two-bedroom with a roommate is slightly better than a one-bedroom alone, but a one-bedroom shared with a partner is even better.
That was a good one Adam ! It’s amazing I guessed everything higher too ! I only have 2 apartments rented out , one is a one bedroom + Den in False Creek North for $ 2150 and a a two Bedroom + Den for $3200 ! And those are good prices because it all comes with a gym for sure and pool for one and Jacuzzi for the other ! Plus game room , movie room , and party room ! It’s amazing the prices in the city are still ok for newer buildings! The West End are usually less and have more square feet too !
locals that lived in Vancouver for their whole lives spend about $1500 for a 900 sq ft apartment. the people who move here spend more cause they don't know what they are doing.
@@SeethingSimp we definetely didnt just decide to come. my father works at an aero engine maintance company here in germany, and they have a place in vancouver as well, ( in china, serbia, and hongkong too ), he is a certified engine inspector, everyone needs someone like him. so we are very lucky. it really isnt easy. we decided to move out of germany because my father has no trust in where the country is heading
@@SeethingSimp Canada's one of the most stable countries in the world. All things considered. We have so many amenities here, and will not worry about resource supply as other countries will do, once climate change really kicks off.
Nice video Adam. You should do a video of people who rented this year, the rent has skyrocketed. 2100 apartment must be gone for 2500ish... would love to see that.. otherwise I would feel I am the only one who is paying so much for similar apartment than others in this video :D
80k after taxes you will be taking home $56777 dollars rent would cost 3000$$ groceries $600 dollars car insurance would be 300$(average) gas per month is $231 dollars and phone bills will be $60 dollars and miscellaneous$250 per months total per month expenses will be $ 4392 dollars you will be having in your balance would be just $290 😳😳😳😳that’s the saving from 80k earners
😂 Joe Lee fully plugging his channel. Love it! Hahaha. Great guessing Adam!
Man's gotta do what a man's gotta do 😅
Yay! I recognized DownieLive!
Whyy😂😂
"content creator"
Nice way to highlight what ccp moneynlaunderi g does to rent , should kick outnall the Chinese that have no citizenship
As a Vancouver-born and bred human, I cannot get over these numbers! I'm 40 now, but all of us in our early 20s were able to modest apartments for under $800. It's wild to hear that people (including us!) are routinely spending $2K+ on 1 bedroom apartments.
It's more like $3k for a 1 bedroom now 💀
I've lived in Victoria, BC for almost 20 years. I remember when the two bedroom apartment was $800 utilities included with a sheltered parking lot... gone are those days 😢
I now live in another two bedroom apartment.hw/heat included with a parking space at $1800 which has actually the lower end of the rental spectrum in Victoria
I guess one important question that you're missing out on is 'how long have you lived in that place?'
Vancouver has rent control which can be a game changer. My roommate (the primary lease holder) pays 1480$ rent for his 2 bdrm place in KITSILANO because he's had rent control for 9 years. I pay 1000$ as a subletter/roommate so he only pays 580ish with utilities.
Good point.
I did ask this question to most people, but I cut out some of the repetitive ones! But you're right, it's an important one ✅
What is interesting, there are long term tenants in the lower mainland that pay less than a 1000 for the same suite in a complex that costs 2500 because of rent control. My friend in White Rock pays 800 a month and his neighbour has the same size unit and pays 1600.
Yup! Crazy what can happen when you stay somewhere for a long time!
@@AdamJBell Or you get really lucky with a chill landlord and find 2 story penthouse downtown with 4 bedrooms and just 1 roomate for 1000 bux a month! The only catch was they are planning on tearing it down to rebuild any day. So far its coming up on 5 years and the plans keep getting delayed!
They can raise the rent by 2% per year isnt it?
@@paddington1670 Depends on the year.
My inlaws pay 1500 for a 3000 sqft house with two shops and 3 acres 40 minutes from downtown because they've been there for 15 years. We lived 30 seconds up the road from them, and were paying $2300 for a 700sqft apartment smh
I love this series!! More of these please 😆
New one in JUNE ! :)
@@AdamJBell can't wait 🤗🤗
Great video, and you are getting better in knowing Vancouver's rental market. It was quite a challenge in guessing the rent, as some of them got discount (below market rent)!
lol! Michael Downie!!! Luv DownieLive!! Nice video, Adam! :) Thanks for sharing this video. 😀
Love it buddy! Hope to see more of these videos showcasing the people of Vancouver! 😁
That's the plan!!
It's funny to see DownieLive and his editor in this guessing interview !
I feel like all these people struck out like crazy. Anything I see that is currently available is a MINIMUM of 2000/month, even in a 40 year old building with no amenities in the west end..
it's the difference between rents today and rents when these people signed, months or years ago
Yeah many of them have been in a lease now for some time 🤔 back when prices were different !!
The rent is much higher in Vancouver , most of are almost hit $3000 per month for the 1b+1b unit
Sure seems expensive to live over there. I live in Sweden in a two room apartment and the rent is about 626 USD/month.
I'm sad after watching this video. I moved this month and rent is so super high now! It's so crazy
Yeah.... I rent a condo in metrotown recently and it costs me 2400 for a unfurnished condo...
but surprisingly, there are more than 30 candidates for that condo, that is really crazy
One of the questions I was asking people is "how long ago did you start renting here?" because if it was more recent, I'd have to guess several hundred higher! It is getting up there... 😬
@@AdamJBell Started renting in June 22, prices are nuts, not sustainable..
I am going to move in couple of months and I am also sad to know about the rent lol
@@danniechen551 Your uncle must have brought property in Vancouver with all that Corruption money
Interesting about the Burnaby apartment. There are one bedrooms in downtown Fredericton and Moncton that are just under or over that price and they don't include electricity/heat. .
Love this guy's charisma!
appreciate that Moe! 🤙
Came here looking for better options in the film industry too... But I think I will go back to my coutry or to make beds and clean floors.
I live in Surrey and my Rent costs 1.750$ month 520qft for 1 bd very close King George station.. How this people founded this UMBELIEVEBLE prices for rent Downtown, Burnaby etc.. all very old contracts I suppose.
Great idea for a video. New sub here. Wow, no one was kidding about the rent in YVR
Thanks David :) appreciate ya!!
Great concept I loved it !
This actually has me thinking that it’s cheaper than I thought! We just moved back home from Halifax bc rent was $2200 pou unfurnished (and going up) for a >700sqft 2bd apt near downtown.
Whatever happened to those prices now! it's like triple
Way back in 1980 my sister inlaws mother was paying $1400.00 per month for a one bedroom in Vancouver. We all thought she was crazy to pay that. My Parents were only paying $250.00 a month for a one bedroom in Langley at that time.
3:00 bro is cute
lol I recognised you in the video before you even said 'content creator'
Great video idea! Well edited and fun.
Just signed on to a 3100 dollar apartment in kits and rethinking my life decisions
Is it Furnished?
Omg how big is it 😂
@@ShailendraSVK furnished and including utilities less internet
@@nerlysaint-fleur8597 700 sqft and nicely furnished. It’s great but… expensive
@@MattKander then it's fine I guess
Love the videos! Curious where you get that sweatshirt? So nice!
I sure would hate to have those rents. I paid 700 a month back in1999 in Vancouver and hated to pay that much. I did the smart thing and saved for two years so i could buy my condo in Richmond. now 20 years later I'm still paying 800 a month for mortgage and condo fees combined heat hot water and electric included 905 sq ft . People stop renting and buy anything you can afford even if it's a smaller place. rent money is spent money you never get it back
The high rate of living presently a new dimension of earnings, despite the drop in Bitcoin price will not stop me from investing
What could be the most secure and efficient way to invest in cryptocurrencies? I've done some research but am still unsure; advise please!
The idea is to buy low and sell high. Buying low, however, is only half the battle; you must also know when to sell
Knowing what you're doing is also essential. You don't invest in cryptos unless you have a solid understanding of how the market works.
Hodling crypto has cost me a lot, which is frustrating. How can I improve my situation??
@@Alejandro-wr
If you're holding crypto, you should already be aware that you will only win/profit if the price of the cryptocurrency rises. On the other hand, you might want to consult with a professional to diversify your holdings and increase your earnings.
I just moved from Toronto.. i paid $2300 near entertainment district… it was 600sqft unit 5 minutes away from osgoods station… but i paid same money not in downtown its far from downtown…i think Vancouver is more more expensive than Toronto or GTA. Moving to Vancouver that was my biggest mistake. Job market is small.. the nature don’t impressed me at all. I like city not small town..
how are you finding toronto vs vancouver & why did you make the move
@@Jason-sr2xf nahh. Closed to my hone (asia) and for PR 😂😂
Edmonton guy lives at kings crossing. The amenities describes my building
Well :) Hello neighbor
Meeting Michael Downie cannot be an accident 😅
I recognize two other guys from his videos!
Definitely not a coincidence!! Lol love downie live
Might have well asked about their income as well!
And his editor!
Actually seems quite on par with Toronto, if not cheaper
quite a few of these people are very familiar 🤣🤣🤣
As a New Yorker who wants to move to Vancouver this all sounds cheap to me 😅 I pay $2400 for a 450 sq. foot 2 bedroom in Bed Stuy
Compare the salary and percentage you will spend on rent and you won't say it's cheaper. Lol. It is actually cheaper in NY, given the salary and less tax.
Love this video, great video Adam, looking forward to watching more of this!!!
Gustavo it's on the way, just for you 😄
Damn actually got really close on some of those !!
DownieLive in the mix! Great video !
Hey Adam, the other day I felt miserable while walking back from the grocery store with 2 huge heavy bags that were destroying my hands while passing by a line of parked Mercedes, BMWs, a Bronco, a Tundra and a fricking Bugatti, and I couldn't help it but wonder, how much the people owning those cars actually make a year?
That'd be a great video and it will follow a similar line as this interview series
That money was not earned in Canada would be my answer. Because you and me both know what kind of jobs we have here.
Those cars are leased or financed by people who are living paycheck to paycheck, or in the case of the bugatti/small percentage, people who are actually super rich.
Overseas money rules the world 🌎
As some people wrote below, lots of money comes from other places, but tons of folks from here also have nice cars. These cars can be afforded by people who have stuck in their careers for a while and now earn $100k+ (aside from the bugatti, that's crazy money you need to have) but there are also tons of business owners here in Canada who do very well for themselves. People do make the money to afford those things here, but just not on average 🚗
6:41 nice to see you interviewing yourself 😂
Such a good Idea Adam! 😎👌🏾
Micheals awesome!! Crazy you found him in Vancouver lmao
Ah yes. The HUGE price gap between rents in surrey and Vancouver.. I personally rent a place in Burnaby for 1,550 a month. 2 bedroom 950sp.ft. with a 1.5 acre back yard
i live south vancouver. about 300 sqft suite. 1100 a month.
Worth it all. It’s so nice here.
For many it is. There is a reason why it still attracts a lot of young professionals.
Haha.. I don't pay rent..
born & raised here & forever living with my family in their home 🤣
Yaletown. Hot tub, Gym, BBQ area. 850sq ft. Two bed plus solarium. Moved in June of this year. Any guesses?
3800?
@@stay_puft damn, you nailed it.
I live in West Vancouver and I pay 600$.
my living room, room, kitchen and dining room are the same.
The only other expenses are bus pass, internet and cell phone.
Yes, Vancouver can be the most expensive place to live, unless you know where to look
600$ for the entire house?
where should one look?
Is it worth it living in downtown? I don’t think so.
7:41, my guess was right too, it's DownieLive! Ü
Great content love you sir
what got my attention was first I live in Victoria so I probably do pay what he is expecting unfortunately.
but what made me watch it was I seen Michael downie I thought sure why not I'll watch it to see why he's in it.
lol
I lived directly downtown van on the 10th floor looking at Stanley Park more or less and I pay a bit more here for a small house with a Decent yard .
the big plus is I'm in Langford so I you get what you pay for.
for God sake I paid 800 a month in Burnaby just on fell so I'm dam near debating moving back to tge mainland..
until it snows then I want here
This year, the rent has increased a lot.
I've seen places listed for RENT in newer buildings in Vancouver for $4,500 a month. What kid of JOB do you have to have to be able to afford that? Renters are really getting screwed when the idiotic banks tell people they "can't afford" a $1,050 a month mortgage, when they're *already* paying $1,600 in RENT. How does that make any sense?
Love it!!!! Great video idea ❤
🙌 Thanks Stephen!! Appreciate it :)
Make a vlog at Riverdale set location
This was fun! I'm contemplating moving there from Europe (currently living in Spain) and the rent prices are SO much higher there, ouch! (I'm sure the salaries are higher though so it all evens up in the end hopefully)
It doesn't even out, rent is just high 😅
It is more than common to spend 50% of your salary on rent alone. Vancouver is really worth it though.
@@Drog_o Oh really?? Ouch...How do the people do it?
@@MrVikingsandra living with a roommate helps a lot. A two-bedroom with a roommate is slightly better than a one-bedroom alone, but a one-bedroom shared with a partner is even better.
They really aren't! It's just one of the only Canadian cities where you're not buried in a meter of snow nine months of the year (just rain).
Vikingsandra it actually doesn't even out unfortunately that's why vancouver is the 2nd most unaffordable city in the world after hong kong.
Wow... I guess rents in Vancouver not so bad, Toronto rent price is like real hell now
Love this!!!
Renting out a 1bdr+den condo for $1800 in Burnaby area is unbeatable.
Cool video!
7:40. I recognize this guy. He has his own TH-cam channel, and I think it’s called DownieLive or something
ahaha, add 30-50% to those prices to get idea about what we have now.
Love this, come to Victoria!
That was a good one Adam ! It’s amazing I guessed everything higher too ! I only have 2 apartments rented out , one is a one bedroom + Den in False Creek North for $ 2150 and a a two Bedroom + Den for $3200 ! And those are good prices because it all comes with a gym for sure and pool for one and Jacuzzi for the other ! Plus game room , movie room , and party room ! It’s amazing the prices in the city are still ok for newer buildings! The West End are usually less and have more square feet too !
locals that lived in Vancouver for their whole lives spend about $1500 for a 900 sq ft apartment.
the people who move here spend more cause they don't know what they are doing.
Yes!!! Someone else who knows the real Vancouver!!!! 👍
The last one at $675 for a basement suite doesn't seem to bad
That one is located about 45 minutes outside of Vancouver though.
Burnaby and Richmond is not part of Vancouver. Two different cities.
I just signed a pet-friendly studio/ jr 1bed, in Coquitlam near Lougheed station for 2000, not furnished, and I´m starting to think I got scammed 😐😐😐
This covid prices. Now it's way higher.
Like this session
Ha! I saw Joe and instantly clicked
It's Joe!✨
I'm paying less for over 2k sf house. Crazy prices.
In Vancouver?
@@martinoignisci7300 no Winnipeg lol
New West, no roommates, studio apartment just renovated, walk in closet, right in uptown. Anyone want to guess?
When you interview your friends😁
ive been watching you for 2 weeks now because my family is about to relocate from germany to vancouver. youve helped alot
🙌 Love to hear it!!
Why does it seem like anyone can just decide to come here, yet Canadians moving abroad seems impossible?
@@SeethingSimp we definetely didnt just decide to come. my father works at an aero engine maintance company here in germany, and they have a place in vancouver as well, ( in china, serbia, and hongkong too ), he is a certified engine inspector, everyone needs someone like him. so we are very lucky. it really isnt easy. we decided to move out of germany because my father has no trust in where the country is heading
@@herb6000 Ah, that makes sense. If you're worried over where a country is headed, I really don't think Canada is a good choice (I live here).
@@SeethingSimp Canada's one of the most stable countries in the world. All things considered. We have so many amenities here, and will not worry about resource supply as other countries will do, once climate change really kicks off.
First guy is getting a good deal at under $2000 downtown for a studio. Shit is so expensive here
These people must have been in their apartments for a while because prices are so much higher now.
These prices are significantly lower than Dallas..
thank you! greate video for studing English.)
Nice video Adam. You should do a video of people who rented this year, the rent has skyrocketed. 2100 apartment must be gone for 2500ish... would love to see that.. otherwise I would feel I am the only one who is paying so much for similar apartment than others in this video :D
Continue this series
Mike from DownieLive!!!
if you don't mind having roommates rent a mansion its cheaper. I live in an 8 bedroom 3 floor place with garage and pay 850
Watching this video i have a feeling you probably won't be able to guess my rent 😄
This multiverse of Canadian TH-camrs lol
Hey I am an international student at Ucw can you please help me find a room to rent under $650 please and thank you
Nice video kid
Thx kid 🙏
Adam - 2150, again 2150 and then 2200 and the third time it was actually 2150. hahaha
btw I know some of the people.
Surrey is the way!
how the fk can someone pay over 3k for rent... they must be earning at least 80k a year to be comfortable... wow
80k after taxes you will be taking home $56777 dollars rent would cost 3000$$ groceries $600 dollars car insurance would be 300$(average) gas per month is $231 dollars and phone bills will be $60 dollars and miscellaneous$250 per months total per month expenses will be $ 4392 dollars you will be having in your balance would be just $290 😳😳😳😳that’s the saving from 80k earners
Just wait til you Start paying TAXES..!! 😛
VANCOUVER is a revolving door for suckers.
Yeah that's why we left. It's gouge town! 😆
Lol immediately knew the last guy was from Surrey
$3,000 a month!?! That's absolutely disgusting 🤢
Even IT earner saving $290 dollars monthly 😢
These prices are wild!
hey, hat guy!
mike the hat guy.
Dude why call them renters just call them ATMs.
Hahahahaha Joe Lee is so cool!
Hey, it’s Downie 😂