Great article from the Globe.
We meed more pieces like this that examine the issue deeper. The last few weeks have seen a flurry of superficial “Vancouver is un-affordable” articles and blogs that help spread the dialogue – but do little to offer solutions or insight.
Yes, we have a problem with real estate affordability in Vancouver. Until we have a better understanding of the mechanics and workings of the real estate industry it will be difficult to craft effective policy to better manage and shape it. Articles like this are a great start: they inform the public and policymakers and may help in the creation of new policy directions, while helping to lift the veil of secrecy behind the real estate industry. Congrats to the Globe.
“Poor Canadians – they just don’t understand.”
– Former realtor’s assistant Lynn Yang
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