Design district.The price of housing in the Canadian school district is skyrocketing. Canadian house prices are inflated, not only the local wage earners complain, but also the well-paid famous school teachers have a hard time.Please Visit: Design district to Get Your VVIP Registration Today!
Last fall, 18 teachers turned down positions at the University of British Columbia (UBC), a prestigious university in Vancouver. This year, the recruitment of teachers in many schools in Vancouver is once again facing difficulties, and the attitude of teachers is very clear-the house price is too high to live in, and would rather choose “an affordable place”.
In UBC, for example, a 1000-square-foot apartment around the campus now costs an average of about $800000, while a more upscale single-family villa costs about $1.8 million (about 11.85 million yuan) and is expensive to hold, paying hefty management fees and property taxes every year. According to the Canadian Huffington Post, from the horizontal comparison in recent years, the average home price in Toronto is almost 1.5 times higher than it was five years ago, and the situation in Vancouver is even more exaggerated, twice as much as it was five years ago.
Xiao Pan, a Chinese girl in her twenties, came to work in Vancouver after graduating with a master’s degree from a university in Ottawa a few years ago. To shorten her commute, she spent several times more money than she did in Ottawa and rented a house on the scenic and school-intensive West side of Vancouver. “everyone knows that Vancouver is fine anywhere, but the house price is too high.” Xiao Pan told Youth reference, “the local buying peak began in 2013, especially in the school district, basically by looting.” As soon as there are vacant rooms in some famous school districts, many people come to see them. basically, there are two groups of people, one is Chinese, and the other is Middle Eastern people. ”
The head of the UBC computer science department told the Globe and Mail that because of the pressure at work, young teachers want to live close to the school, preferably by bike or on foot. They don’t want to commute for more than 30 minutes. “but now it’s almost impossible to realize this wish.” To solve this problem, UBC provides mortgage insurance and mortgage programs for employed teachers, the newspaper wrote. But critics say the amount of mortgage protection provided by the school is too small, a drop in the bucket compared with house prices, and that the current program is only open to a small number of key hires.
According to the latest data from redfin.com, a Canadian online real estate company, 5173 homes were sold in Vancouver in March, up 24% from February and 27.4% from the same period last year. The average price of residential real estate was 815000 Canadian dollars (4.164 million yuan), an increase of 23.2% over the same period last year.