Vancouver Is Becoming More Urban City - 849 Words

Vancouver is considered as a nicest city to live with a lot supernatural beautiful setting. Living in a nice city requires the price, and Vancouver is also known as the expensive city around the around. There are a lot of young professionals who wants to move to Vancouver due to many opportunities they can earn. In order for a young professional to move, they need to be covered with financial. Because Vancouver is growing rapidly with gentrification leading, the prices are receiving the roof. Vancouver has become a place where a young professional can only dream about living. Furthermore, gentrification is bringing in more rich immigrants who are increasing the rent, and also filling in the spot that can be filled with local people. Vancouver is becoming more urban city; however, the prices for rent, and education is increasing rapidly that is making young professionals harder to move in. Vancouver is well known as the expensive city around the world: The city has just been ranked the third most unaffordable housing market in the entire world (Matheson, 2016). There are a lot of young professionals who wants to move to Vancouver; however, it is too expensive and unaffordable with their jobs. According to Retail Council of Canada, the minimum wage in British Columbia is $10.45. Students who gets paid minimum wage cannot find a place that can match up their financial savings and the house listings. Due to the fact, the cheapest one bedroom condo in Vancouver was listed asShow MoreRelatedThe City Of Vancouver Is World Renowned For Being A Beautiful1740 Words   |  7 PagesThe City of Vancouver is world renowned for being a beautiful yet expensive city for people to work and live in. Despite ranking as the third least affordable housing market in the world, Vancouver is home to Canada’s poorest neighbourhood, the Downtown Eastside (DTES). 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