Millennials Need to Rally Together on Housing Affordability by @thiscitylifeyvr

Across Vancouver, young people are breaking up with Vancouver. Whether it is by writing “Dear John” letters on personal blogs or ranting in the comments section of Vancity Buzz, some are abandoning the city for more affordable pastures. What puzzles me is that few, if any of these young people are getting organized and lobbying the real game changers - developers, senior levels of government, the real estate industry - to get the affordable, urban, family-oriented homes that they want. They certainly have legitimate reason to be worried about their prospects for home ownership. Housing Costs Skyrocket, Wages Decline in Metro Vancouver This week, a Vancouver Sun headline stated that it takes 23 years to save for a down payment in Metro Vancouver . This is based on a new report released Wednesday by Generation Squeeze, called Code Red: Why We Need to Rethink Canadian Housing...

Full article: http://www.sustainablecitiescollective.com/node/1199773

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