this post was submitted on 19 Sep 2024
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2,600 new homes to be sold at 60% market value in Vancouver (www.cbc.ca)
submitted 2 months ago by LimpRimble@lemmy.ca to c/britishcolumbia@lemmy.ca
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"For too long, the idea of home ownership has been out of reach for way too many people โ€” people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

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[โ€“] BallsandBayonets@lemmings.world 4 points 2 months ago

60% market value, meaning they're only over-valued by 6,000%!