Spatialized Inequality: Homelessness in Greater Vancouver

One of the most important contributing factors to Greater Vancouver's homelessness crisis is the region's high housing prices. According to a recent Statistics Canada report, about 14% of Canadians are spending more than 30% of their incomes on housing (12). A disporportionate number of these people are in the Vancouver Region. Royal Bank of Canada assistant chief economist Derek Holt says that housing prices in the Vancouver market have risen between 15% to 25 % from 2005 to 2006 while incomes only increased by 4% over the same period (12). The following maps illustrate Greater Vancouver's high cost of housing.

One of the most important contributing factors to Greater Vancouver's homelessness crisis is the region's high housing prices. According to a recent Statistics Canada report, about 14% of Canadians are spending more than 30% of their incomes on housing (12). A disporportionate number of these people are in the Vancouver Region. Royal Bank of Canada assistant chief economist Derek Holt says that housing prices in the Vancouver market have risen between 15% to 25 % from 2005 to 2006 while incomes only increased by 4% over the same period (12). The following maps illustrate Greater Vancouver's high cost of housing.
	Average Monthly Rent in Greater Vancouver, 2001
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