For decades, new development in this city has been isolated to busy main streets and transit corridors and while these are logical areas for growth, it hasn't created a large enough land supply to meet the demand for housing while also driving the price of land to astronomical levels.
http://www.huffingtonpost.ca/nic-paolella/vancouver-housing-densify-condos_b_7504250.html
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NEW PRICE $1,169,000
16-4411 WILLIAMS ROAD, RICHMOND BC (click on image for details)
Photo courtesy of TOURISM VANCOUVER
Photo courtesy of TOURISM RICHMOND
Photo courtesy of CITY OF BURNABY
Photo courtesy of CITY OF NEW WESTMINSTER
Photo courtesy of CITY OF SURREY