Thursday, October 26, 2017

Vancouver Now Less Affordable Than Manhattan: Study

  • Daniel Tencer Senior Business Editor, HuffPost Canada 
     
     
    Well, it finally happened. Vancouver's housing market is now less affordable than the U.S.'s two famously pricey housing markets, Manhattan and San Francisco.

    According to an analysis of North American cities from Point2 Homes, the median house in Vancouver costs 17.3 times the median income in the city. A median house in Manhattan costs 15.6 times the median income, while in San Francisco it's 13.8. Read more


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I have been a resident of Coldstream since 1976. I have had 15 years of experience on Council, 3 years as Mayor. As a current Councillor I am working to achieve fair water and sewer rates and to ensure that taxpayers get fair treatment. The current direction regarding water supply is unsustainable and I am doing all I can to get the most cost effective water supply possible.