The Reality Of Vancouver Housing Market
There are hard choices and compromises people must make in order to own
a home today. It is increasingly common to see children raised in
condos, married couples living in their parents' basements, young
professionals taking on second jobs, workers commuting long hours and
the growth of the 40-year mortgage.
Last week, the Province ran a series of articles on the costly local real estate market. The housing affordability situation is getting more serious as the average families are priced out of the market. These articles make for good reading for anyone who are interested in what's happening to the real estate market in Vancouver.
- Home ownership a stretch for all but a few
- Housing dreams clash with reality
- Mixed blessings for home-buyers
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