I'm paying 1050 for 2 bedroom unit downtown in a decent building, so that average does seem a little high - although it may include parking as well, for which I pay 125/mo now. Still, I don't think those prices are too high, at least compared to people that are paying around $2000/mo on a 25 year mortgage on a brand new 1300 sq ft 2 bedroom house on the outskirts of the city (after plunking down their 10% down payment, too).
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Better educated sadness than oblivious joy.
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