And there's no real relief in sight.
Luxury. Yes. This.
Take a gander at the government's economic report cards and one thing becomes readily apparent: an almost virtual absence of inter-provincial comparisons. There's a good reason for that. Compared to Alberta, Ontario and Quebec, B.C. doesn't always stack up so well.
While everyone's been furiously pointing fingers at each other over Vancouver's skyrocketing house prices, little attention has been paid to the other side of most real estate transactions: the pay stub.