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Economy Geopolitics

Canadian Election: The Meaning Of Vancouver’s Runaway Cost Of Living

VANCOUVER — James Hankle, a software engineer in his 50s sporting bluejeans and a Green Party T-shirt, is explaining his fix for Vancouver’s runaway property prices when he’s interrupted by an eavesdropping passer-by: “Stop allowing people from China to buy our houses and leave them vacant,” she says and walks away. Despite British Columbia’s aversion to pipelines and affection for pot, housing affordability has pushed both aside as the No. 1 issue raised by area residents in the run-up to Canada’s election this month. It’s not completely surprising given that Vancouver has become North America’s most expensive city. Surging purchase […]

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