Vancouver Still World Class

Bronze

Vancouver’s 2010 Olympics’ mantra was to own the gold. According to Demographia that is exactly what you need if you want to live in Vancouver.

We’ve heard many times that Vancouver is a World Class City. Now verified, Demographia places Vancouver on the podium as one of the most ‘Severely Unaffordable Housing Markets’.

What it Takes

Demographia’s 7th Annual report outlines how they came to this conclusion and is available here for your consideration.

*Post Updated – thanks to those watching my backside.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

Reader Comments:

Best place on meth Says:
January 25th, 2011 at 10:51 am

You have last years report, Larry.

http://www.demographia.com/dhi.pdf

Even though our multiple has increased from 9.3 to 9.5 we are no longer #1 as Sydney has squeaked by us at 9.6

Hong Kong has been added for the 1st time and their multiple of 11.4 puts us in 3rd place.

Hong Kong actually does have a shortage of land.

buffates Says:
January 25th, 2011 at 11:18 am

Those are last years stats. Vancouver is now at a 9.5 eclipsed only by Hong Kong and Sydney. The thoughts behind your post shouldn’t be altered by this though.

January 25th, 2011 at 11:39 am

@meth
thanks for the heads up. now corrected.

L8erDude Says:
January 27th, 2011 at 10:59 am

where are all those expensive Chinese cities like Beijing and Shanghai? I’m sure they must be about 20x income or so

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