Contributor Ian Robertson writes to suggest that Vancouver’s rental market has, just maybe, jumped the shark.
A “den” just wide enough to slide a twin bed into, for almost $900/month. If we’re being generous, it’s all of 40 square feet. It may even come with access to common areas, like the kitchen and a bathroom.
But hey it’s a room, and it’s downtown in a building that has this sweet rooftop deck!
Except — wait, how do you get this view from Alberni Street. And is that BC Place from 2011?
Scam, suggested Ian, or perhaps simply an unscrupulous owner who wants to charge maximum $ for minimum value, and misrepresent to boot.
Soaring rents and sub-1% vacancies drives this kind of behaviour. It’s part of the reason why The Tenancy Survival Guide, by Kris Anderson and the Tenant Resource Advisory Centre (TRAC), is in its 11th printing.
We think we know the kinds of things they’ll hear. The question is — what’s the fix?