Vancouver Magazine
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Meet OneSpace, the East Vancouver Co-working Space That Offers On-site Childcare
What You Missed at the VMO 2022/23 Season Finale Concert
Wellness in Whistler-Your Ultimate Early Summer Retreat
Local Summer Getaway: 3 Beautiful Okanagan Farm Tours
Local Summer Getaway: Golfing at Alberta’s Crowsnest Pass
Review: Vancouver-Based Denim Brand Duer Is Making Wide-Legged Jeans You Can Hem Yourself
The Latest in Cutting-Edge Kitchen Appliances
7 Spring-y Shopping Picks, From a Lightweight Jacket to a Fresh Face Cleanser
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The fine print: Results are based on an online study commissioned in VanMag, conducted by Insights West from January 9 to January 12, 2017, among 421 adult residents of Metro Vancouver who rent. The data has been statistically weighted according to Canadian census figures for age and gender. The margin of error—which measures sample variability—is +/- 4.9 percentage points.
According to the Canadian Mortgage and Housing Corporation (CMHC), spending 30% of your income or less on rent is ideal. That’s something possible for 51% of renters aged 35 and up—but not for millennials.
5 years or longer ➔ 33%3–4 years ➔ 23%1–2 years ➔ 20%Less than 1 year ➔ 24%
Live with a spouse ➔ 21%Live with other relatives ➔ 13%Live alone ➔ 30%Live with roommates ➔ 17% Live with a spouse and kids ➔ 19%
*According to the Canadian Rental Housing Index
*According to the CMHC
“I would move out of my current dwelling if I could.” ➔ 57%“I have a great relationship with my current landlord.” ➔ 82%“Home ownership is definitely a goal for me at this point.” ➔ 50%“I prefer renting to home ownership.”➔ 35% (50% for those aged 55 and over.)