A new survey has found most Metro Vancouver residents are experiencing extreme housing and traffic pain, and most are thinking about leaving.
79% of those surveyed say high housing costs are hurting Metro Vancouver
Of those who say they are “miserable” in the Angus Reid Institute survey, 85% say they are thinking of leaving, while over half (54%) of the “uncomfortable” respondents say they are also thinking of moving.
Another 87% of respondents say they are worried the next generation won’t be able to afford a home here.
About two thirds of them blame foreign investors for the high cost of housing, and about 70 per cent say the government should be more involved in the housing market.
While Vancouver Mayor Gregor Robertson has called on the province to bring in a speculation tax or take some other action to cool the housing market, so far Premier Christy Clark has rejected that idea.