If you think it’s ever going to get cheaper you’re imagining things. They’ll build more density and it will be snapped up as prices climb higher and higher.

The only solution for cheap housing that will actually work is building that housing in cheaper parts of the country. Everyone has this dream that having a place in the lower mainland is attainable. It is not.

Expect to pay $2500 a month for 1 BR basement suite before long in the suburbs like Langley or Poco.