Is it really an issue? Are prices that bad?
I've lived here for some time. When we moved to this bucolic corner of BC, we knew the prices were high and would have to adjust to it. I live on the south side of the Fraser because that's where work takes me. But if I didn't, I know I wouldn't be able to spend seven figures on a single family home ....... that's just part of being a blue collar guy. Looks like it would be condo life for me. Sure,it's not cheap, but other than relocating, what are our choices?
I keep seeing how people are demanding that affordable housing be built. Is it big brothers responsibility to house the average person? And if so, those 400-500 housing units will take several years to build. In the meantime, where will these people live. And by the time they are built, there will be even more people looking for homes. Even if 1500 housing units were available tomorrow, what is the percentage of those looking that this would assist?
But for those of you are that are in the midst of buying/renting/searching for housing, how bad is it? When I watch the news it seems that nobody can buy anything and there it something like eleventy billion empty residences in Vancouver.
I look forward ward to hearing from members about their experiences and ideas.