Vancouver Unaffordable?

There was an article in the vancouver sun today about our city being the least affordable in the world. I can see how this could come accross to some people or even the outsdie world. The realty in my opinon is that we have high land development costs, shortage of land and a grwoing population coming inoe the city. We do not have the luxury of extra land, unless the agriclture is radied and taxes are not going down. So i guess we will remain unaffordable, stats wise.