Here is an interesting article about the Vancouver housing boom
Who in their right mind would want to pay these kinds of prices.
The price of a benchmark condominium in Greater Vancouver has risen 111.5% in the past five years to a disgustingly unaffordable $377,579.
The price of a benchmark townhouse in Greater Vancouver has risen 100.8% in the past five years to a sickeningly unreachable $456,941.
The price of a benchmark single family home in Greater Vancouver has risen 95.5% in the past five years to nauseatingly excessive $730,399.
Even adjusted for inflation we are far above any historical norm.
Courtesy the 'Financial Planning and Personal Sanity Blog'.
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