Vancouver's 'Freak Show' Property Market
How did Vancouver become the least affordable city in North America? Edwin Lane reports from the Canadian city where house prices have gone through the roof.
How did Vancouver become the least affordable city in North America? Edwin Lane reports from the Canadian city where house prices have gone through the roof. Affordability campaigner Eveline Xia and local politician David Eby outline the extent of the affordability crisis. Researcher David Ley from the University of British Columbia explains how a flood of Chinese money is fuelling price rises while and Cameron Muir, chief economist at the British Columbia Real Estate Association, questions whether foreign money is really to blame at all. City planner Andy Yan asks why cities are failing their young people and housing economist Thomas Davidoff explains why better taxes are the solution.
(Picture: Downtown Vancouver, Credit: Getty Images)
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- Tue 24 May 2016 07:32GMT91热爆 World Service except News Internet
- Tue 24 May 2016 15:06GMT91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa
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Business Daily
The daily drama of money and work from the 91热爆.