It looks like Vancouver is not unique. Although prices are ridiculous in Vancouver, Seattle is displaying the same issues with rapidly increasing housing prices.
Everywhere you go, Seattleites are talking about our out-of-control affordability crisis. It is on EVERYONE’s minds. We need to reexamine what we think we know about the housing market to understand what to do about it. The spiraling cost of housing is probably not caused by what we think it is.