Thursday 27 January 2011

Vancouver maybe best place to live BUT......

Vancouver is certainly one of the most desired place to live if you have large savings and can afford to live warmer/sunnier place in winter.

Here is some interesting statistics/news about Vancouver:

MERCER Quality of Life Ranking - Primarily targeting expatriates.

Vancouver is ranked 4th.

ECONOMIST Intelligence Unit Livable Cities (2008)
Vancouver is ranked 1st. 


MONOCLE Quality of Life Ranking
Vancouver is ranked 16th.  

HOWEVER, accordingly Demographia's International Housing Affordability Study 2011, Vancouver's median housing price is 9.5 times median household income. Third worst affordability after Hong Kong and Sydney.
Some of the urban planners are wondering as follows:
HOW CAN CITIES WITH UNAFFORDABLE HOUSING BE RANKED AMONG THE MOST LIVABLE CITIES IN THE WORLD? 
Unlivable Vancouver | Newgeography.com
VANCOUVER: PLANNER’S DREAM, MIDDLE CLASS NIGHTMARE

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