On the for sale graphic (source: www.realtor.ca) there are +/- 1500 houses for sale starting at $2,000,000 up to $37,000,000. On the for rent graphic (source: vancouver.craigslist.ca) there are +/- 100 houses for rent starting at $6,000/mo up to $30,000/mo.
On my Affordability Page, notice that Demographia who looks at hundred's of cities housing and economic metrics globally defines affordable as "...the ability for any urban household to be able to rent a dwelling for less than a 25% of its monthly income, or to buy one for less than about three time its yearly income!"
On that scale, one would need an income of $24,000 per month to rent a $6000/mo house; that's easily accomplished by only 12 of those imported foreign workers (2 or 3 to a room) that we subsidize corporations with to flesh out their labour pool. Why export a low wage job when high wage jobs are easier to export and that's the Canadian will.
And on the same Demographia scale one only needs $666,666 in annual income to buy a $2,000,000 house - that's only 28 of those imported foreign workers banding together in joint ownership. That's only a half dozen or so workers per bedroom. I bet the refugee swarm scaling the new walls of Europe would easily do that if given the chance.
Oh ya, I forgot we are afraid of terrorists, but not so much of the peer pressure and institutional mountebankers that have exposed so many Canadians to so much risk in only a decade.
Portlandia: Escrow Scene
"Family matters have pressed upon my time and after more than 16 years of publication, I have transferred ownership of this website and database. Thanks to all my readers who have encouraged me over the years."
July 31, 2021
History, Charts & Curated Readings
"History, real solemn history, I cannot be interested in.... I read it a little as a duty; but it tells me nothing that does not either vex or weary me. The quarrels of popes and kings, with wars and pestilences in every page; the men all so good for nothing, and hardly any women at all - it is very tiresome." Jane Austen spoken by Catherine Morland in 'Northanger Abbey'
"Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement; and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it." George Santayana Vol. I, Reason in Common Sense