Home Ownership isnt possible for many Vancouverites. Vancouver, is after all, one of the most expensive cities IN THE WORLD to live. A recent Vancouver Sun post really puts the affordability crisis into perspective- especially for first time home buyers. The limited affordable housing options involve long daily commutes to the city (anywhere between 1.5 and 3 hours), do not guarantee a detached home (affordable homes even in outlying suburbs often tend to be condos and town houses) and your purchasing ability is dependent upon a $50,000 down payment. Is YOUR daily commute in excess of 3 hours? WHY NOT KEEP DRIVING? For our take on the Vancouver and Kelowna Housing Markets and to view The Vancouver Sun article, check out our #blog here: bit.ly/1si9QaY #kelowna, #ylw #vancouver #yvr #realestate #housing #affordablehousing #housingmarket #homeowner
Posted on: Fri, 24 Oct 2014 20:15:02 +0000
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