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My wife was paying 1300 for a one bedroom in a concrete high-rise in the West End 5 years ago.
$1500 for a 600 square foot one bedroom in the Cambie Village tomorrow would be a good deal.
The City of Vancouver will never be affordable for those with lower incomes. What the City should be concerned with is housing that is affordable to those with household incomes in the 120-170K range - dual income professionals with one or two kids. Such groups will keep the schools utilized and the tax base high.
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