The Hongcouver | The HK$12m garage and other properties that prove Vancouver realty has lost the plot

Ian Youngin Vancouver
Vancouver’s real estate listings provide an alternating source of horror and hilarity. Trying to get a housing toehold in the world’s second-most unaffordable city - according to Demographia’s* study of 378 cities around the world in nine major markets - where median housing prices are 10 times median household incomes, gives rise to a certain kind of gallows humour.
One manifestation of that has been the popular “Crack Shack or Mansion” website, which invites visitors to differentiate between dilapidated drug dens and Vancouver homes with million-dollar-plus price tags. It’s surprisingly tricky.
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