Surge in Vancouver's housing prices deters young professionals
Low interest rates, foreign demand have pushed the price of a typical detached home up nearly 30% in five years
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Vancouver
WHEN Allan Pulga, a communications manager, found out he was going to be a father, he had to make a tough choice - stay in a tiny downtown condo or leave Vancouver.
The 34-year-old, who works for fast-growing private Canadian technology firm iQmetrix, packed his bags and moved to Regina, Saskatchewan, where the typical family home costs roughly one third of the price in the Greater Vancouver area. "When you're a young, single person, you can make Vancouver work financially," said Mr Pulga, who was able to transfer to iQmetrix's Regina office. "But I feel like if it's time to settle down and have kids, maybe you won't stay."
Share with us your feedback on BT's products and services
