Monday, January 25, 2010

I've been sayin' it for years.

Well this seems like such old news to most of us who live here, today's Vancouver Sun announced a new study that rates Vancouver "severely unaffordable" housing as one of the worst in the world.

No kidding?
"Vancouver not only has the least affordable housing of 28 markets measured in Canada, but of 272 metropolitan markets ranked in Ireland, the U.K., New Zealand, Australia, the U.S. and Canada, according to statistics compiled by the Winnipeg-based Frontier Centre for Public Policy."

Oh and there's a developer who has come up with this great idea in providing micro-housing units for renters: 270 sq. feet. And no, they don't float. It sure looks like a bachelor suite to me.

Gee...$300 less than the average bachelor suite (suites advertised on Craiglist average 800-1500). I should note minimum wage here is $8/hour and the BC Federation of Labour is kicking off a campaign to have it raised to $10.

Seems to me Tumbleweed homes are still a more attractive option 'cos at least you can own one of 'em!

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