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Fair enough. Perhaps rental was a better comparison. They are very close, and Portland pays way less than Vancouver (in addition to the US not having healthcare) - I'd say it's more expensive to buy in Vancouver, more expensive to rent in Portland.

1. https://www.rentjungle.com/average-rent-in-vancouver-bc-rent...

2. https://www.rentjungle.com/average-rent-in-portland-or-rent-...

Houses in Vancouver are traded equities. They are more subject to external and speculative investors, rather than just local income and demand.

As a result, the price-to-rent ratio has been unreasonable in a similar way to Amazon's stock price.

Detached homes are really valuable (because you can tear it down). But there are spacious townhouses and condos which are not as expensive.

its over $2.23M now apparently.

http://www.theglobeandmail.com/report-on-business/economy/ho...