Edmonton ranks as the fifth most affordable city globally with a median price-to-income ratio of 3.7, placing it in the "moderately unaffordable" category. This contrasts with cities like Calgary, which is "seriously unaffordable" at 4.8. The study links high prices to restrictive growth policies and highlights New Zealand's housing reforms as a potential model for improving affordability worldwide. Migration trends show people moving to more affordable cities like Edmonton.
Continue to full article
Leave a Reply