Quote:
Originally Posted by 240glt
100 Mile House had northern BC's least affordable real estate last year
Of all communities in Northern B.C. with at least 75 detached single-family home sales per year, 100 Mile House was the least affordable in 2018.
According to the BC Northern Real Estate Board (BCNREB), affordability worsened slightly last year in most northern communities, but only 100 Mile House had a housing affordability indicator significantly above 30 per cent.
https://www.100milefreepress.net/new...b-c-last-year/ |
Interesting.
too bad the article (as always) does not really say why other than by providing some generalities that don't mean much. How much of a factor does taxes, wages, and actual housing prices actually play? Is 100 Mile House unaffordable because houses are expensive? Or there are few high paying jobs? Or the town taxes the crap out of housing units?