I wondered aloud on the previous post whether Vancouver had taken the crown of ‘least affordable’ in North America yet – Well I don’t know about the GVRD, but according to Century 21 our downtown peninsula now has the most expensive real estate of all downtown neighborhoods in North America.
Not only are we number one in North America according to this report, we’ve got the fourth most expensive downtown core in the world! Coming in at $577 per square foot Vancouver ranks only behind Paris, Moscow and Seol for the most expensive downtown real estate on the planet. We’ve got London beat and those sad little towns of Tokyo and New York City only come in as number 9 & 8 on the most expensive cities list.
Can we do better? Is there any reason that our thriving metropolis shouldn’t be number one on that list?