Business
RBC: Homeownership costs are now 91 per cent of Vancouverites’ income
But affordability is deteriorating across Canada
Nothing, of course, could persuade condo king Bob Rennie that the Vancouver housing market is in a bubble (or, worse yet, a bubble that’s starting to let the air out).
For everyone else, take a look at this chart RBC put out today with its latest survey of housing affordability in Canada (which is deteriorating in most provinces, by the way):
*As usual, clicking on the chart will open the full-size version
