Notable Linkage: Vancouver home ownership out of middle-class reach

Excerpt:

Kershaw has compared B.C. incomes and house prices now with those in the 1970s.

In the 1970s, the annual household income for couples aged 25-34 was the equivalent of $73,000 in today’s dollars.

Today, the same age group earns just $68,000 a year.

Kershaw says even with more women working, households are earning less, not more — and at the same time, the average cost of housing, adjusted for inflation, has increased by 149 per cent.

Vancouver home ownership out of middle-class reach

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