Ya I was just kind of ruminating on future prospects and should have specified to buy, but no part was hyperbole. Translated to rent (which is apparently decreasing slightly as of late) it works out to about $3-5/sq ft per month, or like $1700-2200 for a studio and $2.7k-3500 for a 2 bed, probably looking at upwards of $4k for anything with land, all depending on factors much like buying. In smaller isolated cities, and far flung suburbs, it's less but not by as much as you'd think, they're all catching up.
It feels insane that in our next place, we'll likely be spending around $24k a year for a space with no bedroom, probably in someone's basement again, which is around what my dad currently earns after taxes, but it's a bit up to luck. I almost don't want to think about it, so much anxiety.
Sad state of things really, along with the economy. Unless you already make great money, inherented it, locked something in ages ago, or just prefer to live in the deep boonies, you're kind of screwed.
Even in Canada I don't think rent is this high :) ... Curious what you meant, or was this just hyperbole?