Vancouver is the most expensive place in Canada to live, according to a new report.
The capital city, with a population of more than half a million, ranked second behind Toronto, which comes in at number three, according a new analysis from the Institute for the Study of Vancouver.
And the price tag was more than twice as much as the average city in the U.S., which comes to a whopping $3,845 a year for a family of four, or $9,847 for a single person, according the report.
Vancouver is among the most unaffordable big cities in the country.
And if you’re going to live in Vancouver, you should probably also think about renting out your apartment to other people, said Ben Hockett, an economist at the University of British Columbia.
“You should definitely consider renting out,” he said.
Vancouver’s housing costs are so high because of the city’s large concentration of rental units and a shortage of affordable rental units, Hocketer said.
That’s partly because the city is so rich, and partly because of its high-density density.
But the city also has many other problems, including a lack of affordable public transit options and high prices for housing in the downtown core.
The institute, which is funded by a $25 million grant from the province, analyzed data from the city and from other major cities around the world.
It also looked at housing prices in major U.K. cities, such as Manchester, England.
It’s been estimated that Vancouver’s median home price was $1.5 million last year, or more than $300,000 more than the national average.
A higher-priced home in Vancouver means the city can’t compete with expensive places in the nation’s capital.
In New York City, where the average home cost is $1 million, the average price for a one-bedroom apartment is $2,000 a month, the institute found.
The average price in Toronto was $2.4 million last month.
In the United States, the median home cost was $631,000 last year.
Toronto’s median price is $4,890,000.
Vancouver has a population density of about 1,000 people per square kilometre, according Hocketts research.
That means the average Vancouver home has about one bedroom and four bathrooms, but the average condo has two bedrooms and six bathrooms.
The Vancouver median house price was nearly $1,000,000 in March, according Toilolo.
The city is also one of the most densely populated cities in Canada.
Hockets research found that the number of people living in a one bedroom, one-bathroom or three-bedroom home was around 25 per cent higher in Vancouver than in the rest of Canada.
That is because Vancouver has high housing density.
That has allowed the city to grow its population.
And it also means it has more people than other cities in terms of residents, according John Hocket, a researcher at the Institute.
“We have a huge number of residents in Vancouver who don’t have anywhere else to go,” he told CBC News.
“The density of people here is a real concern, because that is really what is driving Vancouver’s growth.”
The institute also found that Vancouver has one of Canada’s highest rates of car ownership.
Vancouver residents are responsible for almost a quarter of all new car registrations in the entire country, according data from Statistics Canada.
But many of those new cars have been on the roads for a long time.
In 2017, Vancouver recorded the second-highest number of car registrations per capita in the world, according Statistics Canada data.
About 2.5 per cent of the total cars registered in Vancouver in 2016 were new cars, according TOILOLO.
The most recent data from Metro Vancouver shows a similar story.
According to Metro Vancouver’s latest figures, about 5,800 new cars were registered in the Greater Vancouver region in March.
That was almost five times the number in April 2016.
But because many of the new cars are owned by Metro Vancouver residents, that number is likely to be higher in 2020, when the number is expected to reach more than 10,000 new cars.
The report found that nearly 20 per cent to 25 per a cent of Metro Vancouver households own fewer than five cars, a higher proportion than in any other region of Canada, the report found.
Hocking said the Vancouver housing affordability crisis is the main reason Vancouver is so expensive.
“That’s what really got us to thinking about the affordability issue,” he explained.
“People are thinking, ‘Oh, my gosh, my apartment is only $300 a month.
The buildings have been converted into units and then converted back into rentals, Hocking explained. “
Hocketh said Vancouver is also home to a number of social housing units that were built in the 1990s to help residents rent out their apartments.
The buildings have been converted into units and then converted back into rentals, Hocking explained.
The homes were built to be