this post was submitted on 16 Oct 2023
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Where I live on Vancouver Island (not Vic) rent has increased about 2 to 3 times in ten years. Housing prices, from what I've seen on bc assessment, is on par. Something assessed at 250k in 2013 is now assessed at 600 to 700k.
Looking at rentals this morning, 2br are anywhere from 1500 to as high as 3100.