ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Student Saves Rent Expenses by Flying Twice Weekly for College

Chen shared his unconventional approach on Reddit, detailing his method of attending two classes weekly
PUBLISHED FEB 21, 2024
Cover Image Source: Commuting through flights is much easier than renting an apartment these days | Unsplash | Photo by Suhyeon Choi
Cover Image Source: Commuting through flights is much easier than renting an apartment these days | Unsplash | Photo by Suhyeon Choi

Nowadays, accommodation is becoming a financial burden due to soaring rental rates, prompting individuals to seek inventive methods to economize. A particular case gaining traction involves a University of British Columbia student opting to fly to attend classes rather than renting in Vancouver, recognizing the exorbitant housing costs there. Shared on social media, this strategy has sparked widespread discussion online.

Tim Chen shared his unconventional approach on Reddit, detailing his method of attending two classes weekly at UBC, which necessitates his presence on campus solely on Tuesdays and Thursdays. "I've been using Air Canada for all my flights, and in January alone, I made seven round trips like this," he said.

His strategy involves flying from Calgary to Vancouver in the morning and returning the same day, thus avoiding the need for accommodation in Vancouver. By leveraging this tactic, he asserts that he can save rent, opting to reside with his parents in Calgary and incurring only minimal utility expenses. He estimates the cost of his flights to be approximately $150 per round trip, amounting to roughly $1200 monthly. In contrast, renting a one-bedroom apartment in Vancouver could potentially set him back around $2100.

Cover Image Source: Pexels | Ahmed Muntasir
Image Source: Pexels | Photo by Ahmed Muntasir

This phenomenon, termed "super-commuting," has garnered attention from the University of British Columbia, acknowledging the housing challenges faced by its students. "We recognize that finding affordable rental accommodation in Vancouver and Kelowna is a challenge for some of our students, as it is for others renting in the communities," said Andrew Parr, the Associate Vice-President of Student Housing at UBC.

Screenshot of the comment under the post. Image Source: Reddit|@u/brownsugar1041
 Image Source: Reddit | @u/brownsugar1041

Chen's Reddit post garnered varied responses, with some users expressing admiration for his ingenuity in cost-saving, while others voiced concerns regarding the feasibility and sustainability of frequent air travel for educational purposes. "It’s honestly doable. The flight is pretty quick, and good deals on flights would be way less than rent, food, and other costs," someone commented.

Another user expressed, "That just shows what an absurd situation we are all on the lower mainland." Meanwhile, another remarked, "That doesn’t really make sense. $100 one way * 2 there and back * 2 days a week * 4 weeks = $1600. That’s decent rent money."

Some users shared similar experiences of flying for work or classes to avoid high rental costs. Others suggested leveraging student programs offered by Air Canada to further reduce travel expenses. Someone even wrote, "Bro just find a cheap rent. If you monitor Craigslist, you can find rent for less than $1000 with a good deal."

Screenshot of the comment under the post. Image Source: Reddit|@u/brownsugar1041
Screenshot of the comment under the post. Image Source: Reddit|@u/brownsugar1041

Reportedly, Vancouver is Canada's most expensive city for renters. The average listing for a two-bedroom unit is $3,777. These statistics highlight a prevailing trend wherein fewer individuals are aspiring to become homeowners, thereby contributing to the upward trajectory of rental prices. With an average rent of $2,700 for a one-room apartment, it is financially unfeasible for individuals, especially students to afford accommodation in the city.

MORE ON MARKET REALIST
This will be a great option for members who make use of the mobile application.
7 hours ago
Prices of essentials are still high for low and middle-income families, and job security isn't great.
7 hours ago
The President hopes to make medication cheaper, but he might not have thought it through.
10 hours ago
It seems like things are about to get a lot worse before they get better.
11 hours ago
The shopper was charged more than $80 for her items, and she might have paid that as well.
15 hours ago
The decision makes a lot of sense for the retailer in terms of morale and finances.
1 day ago
The numbers were unexpected, and those in power will hope to make the most out of this situation.
1 day ago
This will not be good news for Republicans ahead of the next midterm elections.
1 day ago
No one would want to eat a radioactive shrimp ahead of the holiday season.
1 day ago
The Trump administration will have its hands full if this situation truly unfolds next year.
2 days ago
With the Midterms next year, this crisis has become one of the key areas of conversation.
2 days ago
Gyms are predicted to be popular in 2026 despite the advent of at-home fitness and virtual exercises, according to 86% of Americans surveyed.
2 days ago
The host was not impressed with the question and said that it was shame that he knew the answers.
2 days ago
He was overjoyed at first but that quickly turned into bitter disappointment.
2 days ago
“Our AI-powered inventory management system is essential for supplying customers with what they need, when they need, and at the low costs," it stated.
2 days ago
 “A program that provides roughly $50 an acre will not save the thousands of family farms that will go bankrupt before the end of the year," an expert stated.
2 days ago
"This is another reason why I don’t like the Phrase category in the Bonus Round," a fan reacted.
2 days ago
The host of the show was shocked upon hearing the answer and had to speak to the contestant's wife.
3 days ago
Reports suggest these three companies with strong ties to AI can make it to the coveted club.
3 days ago
Money manager Loius Navellier thinks the U.S. GDP could grow by 5% in 2026.
3 days ago