In a recent study of office markets across North America, Jones Lang LaSalle says Toronto's Bay Street is the most expensive street in Canada, with
average rents running at around $ 52 per square foot (psf) and the top rent on the street making $ 78 psf, «a staggering 81 per cent higher than the average office rents in the rest of the city.»
Toronto's Bay Street is the most expensive street in Canada, with
average rents running at around $ 52 per square foot (psf) and the top rent on the street making $ 78 psf
Toronto's Bay Street comes in at No. 1 one with
average rents running at around $ 68.91 per square foot (psf) and the top rent on the street comes in at $ 82.28 psf, which is 178 per cent higher than the average office rents in the rest of the city.
Not exact matches
The
average rise in office
rents, both urban and suburban, has
run about 6 percent annually, nearly triple the rate of inflation.
If rising prices move these ratios above their long -
run averages, then either incomes or
rents are likely to rise, or house prices to fall.
So, if you can just show, for example, that the odds of a stock market crash are far higher in years when the P - E ratio is much higher than
average (or for housing crashes the buy -
rent, or price - household income ratio), or that the expected risk - adjusted long
run return is much lower than
average, or other «anomalies» (anomalous to the EMH) like this, then you can show that the EMH is substantially far from the truth.
Where I'm from (Brisbane, Australia), where weekly
rents run at about $ 400 for an
average place, assuming a 4 % safe withdrawal rate, that would mean your first $ 500,000 in Vanguard or whatever doesn't count as an «investment» as all it's doing is paying your
rent.
Residents can expect to see the
average 1BR
rent run about $ 2,085.
«We took the position that we were not there to advocate for those
running quasi-hotels and remained neutral on the final ordinance, but we did want to ensure the
average property owner maintains the right to
rent their property on a short - term basis,» says Handler.
Occupancy over the last couple of decades has
averaged slightly less than 95 percent, and annual
rent growth has
run right around the 3.0 percent mark.
Running some searches, I think a conservative estimate for
rent would be $ 120 / night on
average, not counting if I can add revenue for large parties