Vancouver housing affordability got bad fast, according to study

Vancouver’s housing affordability has deteriorated more than any other major city found on Demographia’s latest list of severely unaffordable cities around the world, released Sunday.
That the 14th annual survey put Vancouver third on its severely unaffordable list, just behind Hong Kong in the no. 1 spot and Sydney at No. 2, may seem unremarkable after years of escalating housing prices. But the speed at which Vancouver turned so unaffordable is unparalleled, according to the survey