this post was submitted on 29 Jun 2023
12 points (100.0% liked)

Victoria, BC

471 readers
22 users here now

A Lemmy community for the City of Victoria and the Greater Victoria Region.

Visitor & Tourism Information

Local Weather

Municipalities

Related Communities

Community Rules

founded 2 years ago
MODERATORS
TheWaterGod
12
Victoria ranked one of the least affordable cities in Canada (www.victoriabuzz.com)
submitted 2 years ago by TheWaterGod to c/victoria
4 comments fedilink hide all child comments
 

Coming as a surprise to basically no one.

Direct link to the study: https://www.savvynewcanadians.com/most-affordable-places-to-live-in-canada/

you are viewing a single comment's thread
view the rest of the comments
[โ€“] TheWaterGod 1 points 2 years ago (1 children)

Nanaimo as number 5 seems weird. I wonder if that's spillover over from Victoria? Like people moving to Nanaimo after getting priced out from Vic?

[โ€“] BlameThePeacock 2 points 2 years ago

It's probably due to the lower income situation in Nanaimo since it's a ratio in these rankings, not absolute cost.

Lower incomes coupled with the spillover from Victoria and Vancouver (because it has a direct ferry) would definitely make sense for a cause.