Demographia International Housing Affordability Survey gave Vancouver a rating of 10.8. Any region with a median multiple of over 5.1 is classified as “severely unaffordable.”
http://business.financialpost.com/personal-finance/mortgages-real-estate/vancouver-ranked-third-most-unaffordable-housing-market-in-world-worse-than-new-york-and-london
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