Burial plots in Metro Vancouver are now so expensive, they're being compared to real estate
Burial plots have become such a hot commodity in Metro Vancouver, one spot in a Burnaby cemetery is being sold privately online for $54,000.
The ad posted on Craigslist indicates the plot has never been used and comes with a “double-depth lawn crypt” that can hold two caskets and two urns.
But it's not just a lone ad. A scan of online marketplaces show multiple listings for burial plots from $5,000 to $12,000 to $25,000 to over $50,000.
Cemetery designer Bill Pechet says demand for spots is climbing in Metro Vancouver. But the region – surrounded by the sea and mountains – is running low on space, driving up the cost of what is available
“Just like housing, which this is a form of, cemeteries are experiencing the same space problems,” Pechet told CTV News.
And just like real estate, those who didn’t get in early may have to pay dearly in order to secure a spot due to a shortage of supply.
“Fundamentally, with our limited land base it’s inevitable that we’re going to be encountering these price increases,” he said.
Some plots are being flipped for a profit, just like condominiums are in the real estate market. The better the location, the better the view, the more they fetch.
Most people are cremated in Metro Vancouver. Sometimes that’s by choice, but often the high cost of a full burial makes it inevitable.
“I do not begrudge people for wanting to sell their gravesites because everybody’s cost of living is going up. So why wouldn’t people try and get as much as they could?” said Pechet from his East Vancouver office.
And yet, he added, we must remember to respect the dead, and those who have contributed to society. The lack of available space requires a reconsideration of what options may be available in order to balance mounting demand and respectfully laying people to rest. In Europe, for example, they have cemetery recycling programs, where, with a family’s consent, remains are respectfully removed and placed in charnel houses or vaults.
“This is relatively new to us, and we are finally reaching that point where we have to start to be more inventive and dig a little deeper, pardon the pun,” said Pechel.
CTVNews.ca Top Stories
Most of Canada to receive emergency alert test today
The federal government will test its capacity to issue emergency alerts today, with the exception of Ontario, where the test will take place on May 15.
'A huge difference': These adults born in the '90s partnered with their parents to buy homes in Ontario
An Ontario woman said it would have been impossible to buy a house without her mother – an anecdote that animates the fact that over 17 per cent of Canadian homeowners born in the ‘90s own their property with their parents, according to a new report.
OPINION No reunion between Prince Harry and the King signifies a setback for royal unity
Prince Harry, the Duke of Sussex, has made headlines with his recent arrival in the U.K., this time to celebrate all things Invictus. But upon the prince landing in the U.K., we have already had confirmation that King Charles III won't have time to see his youngest son during his brief visit.
Northern Ont. woman makes 'eggstraordinary' find
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
How Drake and Kendrick Lamar's rap beef escalated within weeks
A long-simmering feud between hip-hop superstars Drake and Kendrick Lamar reached a boiling point in recent days as the pair traded increasingly personal insults on a succession of diss tracks. Here’s a quick overview of what’s behind the ongoing beef.
NEW For their protection, immigrants critical of China and India call for speedy passage of Canada's foreign interference legislation
Canadian immigrants threatened by hostile regimes are urging parliamentarians to quickly pass the 'Countering Foreign Interference Act' so they can feel safe living in their adopted home.
Ontario man devastated to learn $150,000 line of credit isn't insured after wife dies
An Ontario man found out that a line of credit he thought was insured actually isn't after his wife of 50 years died.
Spanish prosecutors recommend 2nd investigation into Shakira's taxes be thrown out
Spanish state prosecutors recommended Wednesday that an investigating judge shelve a probe into another alleged case of tax fraud by pop star Shakira.
Stormy Daniels describes meeting Trump during occasionally graphic testimony in hush money trial
With Donald Trump sitting just feet away, Stormy Daniels testified Tuesday at the former president's hush money trial about a sexual encounter the porn actor says they had in 2006 that resulted in her being paid to keep silent during the presidential race 10 years later.