No need for the particular call out to Vancouver. That’s a 2014 story. In 2023, every city in the country has an absurd housing problem. I’ve lived coast to coast over the last five years and seen first hand how it doesn’t matter if you are in Vancouver or Halifax (or much smaller towns far away from either), the pricing has gone parabolic thanks to interest rates being ultra low for two decades and housing stock being artificially constricted, and god damn AirBNB “investors” buying everything.

Thankfully we now have a ministry of finance serious about inflation and moving rates high, and provincial and federal governments cracking down on Airbnb.