“Did it ever hit close to home. I too am under 35 with two little kids and can relate 100% to the families interviewed. Add me to the list of young families looking at options East of the Rockies. They said it best when they said it doesn’t feel like you are making any financial progress. How can you with the outrageous cost of living here? For our generation the current path, with house prices the way they are, is financial failure…the type that you recently featured when profiling some 40 somethings. There literally is no money left at the end of the month after mortgage and bills. With both wifey and I working and earning over $120k combined, we are running on a financial treadmill. I don’t know how young families can manage here. A negative savings rate might offer an explanation. There is more to life than putting all one’s $ into a house in a region that is cold and wet basically 10 out of 12 months a year. Born and raised here but wanting out now. The nice cultural fabric we once had here has been shredded also in recent years, to add insult to injury.”
– ‘Metro Van Observer’ [greaterfool.ca 5 Oct 2011 12:54am] responding to stories on Global TV about young couples leaving Vancouver