Not the parent but Vancouver's become like that over the last 10 years or so. I lived just outside Vancouver and I watched the relatively quiet, affordable neighbourhood I lived in suddenly become filled with overpriced highrises and condos and watched rent more than double in price while average wages remained relatively stagnant.
I am from Vancouver. The house prices have always been ridiculous since the early 80s when my family moved there. Vancouver’s real estate market has always been unaffordable and the highest in Canada. This is nothing new in the last 10 years, it’s literally a 40 year old problem.
I left Vancouver almost 10 years ago. Rents were okay at the time but housing prices were already ridiculous and had been for a long time. I'm not surprised that rents moved up to be more in line with the cost of ownership.
