nicholas meyer

The 2 Bedroom Market (Vancouver)

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Cheaprealty presents:

This video that points out by neighbourhood some of the disconnect between rental asking prices in Vancouver and what the market can bear. I found the emphasis on the influence of incomes on rents interesting, in that anyone purchasing now can't be relying on rents to pay the freight. Also, the commentary points to a downward trend in rental prices over the past year - is this possible while sale prices still go up?

The Current Rental Environment - Downtown Vancouver

Cheaprealty presents:
Nicholas Meyer discusses the demographics of the rental market in downtown Vancouver, and the affordability of the current housing versus rents, and the inability to push rents further. Nick also doesn't shy away from discussing the impact of condo completions flooding the market soon. He wraps up by mentioning that buying and allowing a horizon of up to 15 years for asset appreciation, can still provide a good return.





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