As part of a discussion around who lives in the West-side of Vancouver [average SFH now over $1.5M], this from Stan at vancouvercondo.info 19 Jan 2010 4:10 pm and 3:21 pm -
“I live in Kitsilano. I earn around $50,000 a year. Almost all Canadians are Middle Class these days anyhow, but if working class means mechanics, mailmen, construction workers, then all of these people do live in Kits, Dunbar, West End and Pt Grey. So do students, retail workers, waiters…”
“I myself am willing to pay a premium to live in Vancouver, just as I would expect to pay a premium to live in a nice neighbourhood of any city. I can’t afford the current premium, but I still rent here. I love Vancouver and have lived here most of my life but kind of accept I may never be able to buy and might have to wait to inherit. I do think, while Vancouver isn’t perfect, it is a damn fine place to live and if I had money and wanted to live in a peaceful English-speaking country with good services, low crime and a relatively high standard of living, there really aren’t all that many other options. Vancouver isn’t everyone’s cup of tea but it is certainly attractive enough to be a lot of people’s cup of tea – enough to keep prices relatively high (unfortunately).”
