Tag: Vancouver housing costs income
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Canadians Are Now Spending Over 60% of Their Income on Housing in Some Cities
Housing affordability in Canada is reaching new extremes, and in some cities, it’s no longer just a stretch, it’s becoming unsustainable. New data suggests that in major urban centres, many households are now spending more than 60% of their income on housing costs, far above what experts consider affordable. What “Affordable Housing” Is Supposed to…
Canada Housing Market 