Life Cycle Housing in Vancouver: Why Moving Up or Down Is Harder Than Ever
Posted by Adam Chahl on
Vancouver’s housing market has long been known for its sky-high prices and fierce competition. But beyond the headlines, there’s a deeper story about life cycle housing in Vancouver — how people move through different homes as their life stages change. Ideally, a young adult starts as a first-time buyer, upgrades as their family grows, and eventually considers downsizing in Vancouver for retirement.
That natural progression — moving up or down the housing ladder — has become harder than ever in the Vancouver real estate market. This challenge affects everyone from new buyers and families to retirees and investors. Let’s break down why moving up or down in Vancouver’s housing market has become such a challenge, and what it means for homeownership in…
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