Andy Yan Wonders About "Invisible Money' Driving Up Vancouver House Prices

A Tyee article compares housing and income data from Vancouver and Portland, Oregon, and says purchasing power “from somewhere” is putting a $300,000 premium on Vancouver housing prices. The article also quotes UBC adjunct urban planning professor Andy Yan, who said Vancouver’s sibling cities have different cultures when it comes to housing policy.

“There’s a culture of pragmatism [in Alberta],” Yan  said. “There is a level of realization of the need to invest in public goods.”

 

 

The Tyee