With climbing rent prices and a lack of affordable housing, it’s no secret that some Metro Vancouver residents make sacrifices to live in a city often dubbed one of the most livable in the world.
But a new survey is shedding light on how much Vancouverites are giving up to live here.
More than half of Metro Vancouver residents have made sacrifices that impact their well-being in order to live here, a recent poll conducted by Angus Reid Global suggests.
Out of those respondents, more than 25 per cent said they have cut back on saving for retirement because they live in Vancouver. Twenty-two per cent said they’ve stopped saving altogether, and another 23 per cent say they work at a job they don’t even like in order to live here.
Fewer people said they’ve sacrificed square footage (18 per cent), gym memberships (12 per cent) and extra-curricular activities for their kids (10 per cent).
Another staggering statistic: 86 per cent of non-homeowners who responded to the poll said they’d like to own a home – but can’t afford to buy one.
Despite that, more than half of respondents (61 per cent) said living in Metro Vancouver is worth every penny.
Angus Reid Global conducted the online survey among 1,100 Metro Vancouver residents between Sept. 26 and Oct. 2. The poll has a margin of error of plus or minus 3 per cent, 19 times out of 20.
