The price-to-income ratio, a good indicator of affordability is quite ridiculous here. It should be around 4, i.e your home value should be 4 times your gross household yearly income, its closer to 12 here. I believe in this, and though my family makes a good income, in order to meet this ratio I had to move further out to Richmond. Don&#x27;t regret it at all, since it eases the stress of requiring two well paid jobs just to live a decent life. But the lack of available rental properties, rampant foreign speculation, low interest rates is a pretty perfect storm.