The real problem with Vancouver’s outrageous house prices

[BaddieB]

Originally Posted by whatnext

This Phoenix?

Arizona's housing crisis is only getting worse, experts say
Experts say high prices and high interest rates are making it difficult for many Arizona.ns to buy a home

Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.

Navigating the Arizona Housing Crisis: Millennials struggle to afford the American Dream
Exploring barriers for young buyers amidst soaring prices and dwindling inventory.

First link shows average home prices at $520k, which is about a $700k CAD. Compare that to the average Vancouver price of $2.5M, or median of $2.1M. That's why I said compared to Vancouver.