British Columbia

One way to judge the depth of a housing crisis is to compare the median household income to the median home price. It’s a measure of how many years of labor are required to buy a house, and anything more than three years is generally considered unhealthy. […] For Vancouver, it was [11.8 years]

HAHAHAHAHAAAAAA… NO.

• Median Vancouver household income: $80,000
• Median Vancouver home: $1,400,000
• Ratio: 17.5 years

It’s even worse when you look at median individual income, about $45,000, which puts the ratio at 31 years.

31 years. And then all the boomers and GenX bitch about the younger generations “failing to launch”.