A report from Vancity Credit Union states that many people in Vancouver are stuck in starter homes and condos, since the leap to upgrade is too great. For many Millennials who already own a one-bedroom apartment or condo, they’d have to take on an additional 95 per cent more debt in order to upgrade to a three bedroom home with a yard.
http://www.vancitybuzz.com/2015/09/vancouverites-stuck-in-starter-homes/
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