I knew there was something wrong with real estate valuation
s in BC, but I didn’t expect it to be this bad. I would expect Vancouver to be on this list, but never would I have expected Abbotsford
on the list. These are cities far far away from Vancouver and yes they’ve been growing, but things have gotten a little out of hand.
Can you say speculation? 4 of the top 21 cities are in BC.
|Here are the most “severely unaffordable housing markets”, ranked from the worst:
|1. Sunshine Coast, Australia
3. Gold Coast, Australia
6. San Francisco
7. San Jose
9. San Luis Obispo
10. Bundaberg, Australia
11. Los Angeles
14. New York
17. Santa Cruz
19. London exurbs
20. Taraunga-W. Bay, New Zealand