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2,600 new homes to be sold at 60% market value in Vancouver (www.cbc.ca)

submitted 1 month ago by LimpRimble@lemmy.ca to c/britishcolumbia@lemmy.ca

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"For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

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[–] Someone@lemmy.ca 6 points 1 month ago* (last edited 1 month ago)

It's absolutely insane that market value of a studio is over $600,000.

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