Comment by broccolistem | Hacker News Reader

Comment by broccolistem | Hacker News Reader

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I pay $500 Canadian + electricity/heating ($80) / month for an apartment (half of top floor in duplex) in a good part of town, 20 minute walk from the very best part. That's 439.43USD including all utilities for a one bedroom, or '3.5' as it is called here (kitchen, living room, bedroom, bathroom).

& I know many dozens of people in the same scenario, or who pay less. There is definitely more expensive stuff out there, and you do need to hunt a little bit for this price (usually craigslist etc. is pricey), but I regularly see even bigger apartments go for the price I'm paying.

In fact I shit you not, my neighbour who has kept their place since the early 90s, pays 246.22 USD + electric for the same apartment as me. . .

Do you have a link to an example?

>In fact I shit you not, my neighbour who has kept their place since the early 90s, pays 246.22 USD + electric for the same apartment as me. . .

Undoubtedly those that have rent controlled apartments do well. But that does not mean one can go and get an apartment and pay a rate similar to the one that they have.

>Do you have a link to an example?

Like I said, on Craigslist/Kijiji/etc it is difficult to find such a price, or when it goes online, it disappears very quickly. A price like this can be found by walking around and finding "à louer" signs and calling the number.

But here is one for $650CAD (492.47USD): https://www.kijiji.ca/v-appartement-condo/ville-de-montreal/...

>But that does not mean one can go and get an apartment and pay a rate similar to the one that they have.

But when she dies (probably not far away), the place legally must be rented at the same price (+ inflation of one year), assuming no major renovations are undertaken. And if it get's renovated, the price can only rise to a certain point unless the whole building get's demoed. So someone will get it at about that price, eventually, unless the landlord illegally raises the price (which happens).

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