More people are opting to live in condominiums in Vancouver instead of bigger homes in the suburbs
A comment during interviews for last week’s column prompted further research; in brief, a remark was made that with better jobs, a lower rate of household formation and fewer kids, many people were opting to live in “a shoebox condo” rather than a “3,000-square-foot home in the suburbs.”
The observation isn’t new.
Simon Fraser University city program director and fellow Business in Vancouver columnist Gordon Price quipped in a comment to the Vancouver Sun in 2010, “You come to the city to find DNA and go to the suburbs to procreate.”
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