Ok so tell me what magic wand do you want the charity of Canada to waive so everyone can buy a 2 bed room condo in their most expensive city for $300k? Sign me up cuz I'll be donk and buy a few blocks in Calgary and Regina to slumlord along with that Bugatti.
You gotta be realistic, it's simple math, supply and demand, there will never be enough supply in Vancouver to bring down prices to what you call affordable nor will the cost to build be down enough to be that cheap. You odds of winning the lottery might be higher.
If you can't afford $500k will a 10% crash help you? Now it's $450k. Even at a 20% market crash, it drops to $400k. And that crash has happened already as prices have remained flat for the last few years and you are not going $100k over asking on a condo.
If you can't afford there's only 2 options A. make more money, B. Move somewhere cheaper.
