There has been a great deal of confusion when it comes to figuring out why Metro Vancouver housing prices are so astronomical, especially in the past decade.
But it is becoming increasingly clear why the Vancouver region’s prices have grown so out of line with the rest of Canada and other major economies.
Metro Vancouver suffered a direct hit almost a decade ago, at the same time gigantic amounts of capital were moving out of China, contributing to residents dealing with some of the most unaffordable prices in the world (with Toronto a close second).
