VANCOUVER'S BRAIN DRAIN! Young Families Forced Out!
505 views · Published 24 April 2017 · 9:10 · Indexed 28 October 2026
Channel: Mike Martins · 2017 · News & Politics
“Middle income earners who don't qualify for subsidized housing because they make too much money but don't have enough money to buy adequate family-friendly housing.” — Mike Martins VANCOUVER'S BRAIN DRAIN! Young Families Forced Out! Hey YouTubers! Mike Martins here from the Mike Martins Channel with another important housing crisis report! Today we're looking at a Richmond News article about something I've been warning about for years: Vancouver's disappearing middle class and the young families being pushed out of the cities they grew up in! Meet Carly and Jeff Watts, both born and raised in Richmond. She's a childcare worker, he's a chiropractor, and they have a six-month-old baby. Two working professionals with a growing family, yet they can't afford suitable housing in their hometown! After six months of searching, bidding wars, and watching properties disappear, they've finally purchased a townhouse in Cloverdale, paying tens of thousands over asking! THIS IS THE MISSING MIDDLE! Families earning too much to qualify for subsidized housing but not enough to afford family-sized homes. And it's not just Richmond! Vancouver, Burnaby, Surrey, Langley, and communities across the Lower Mainland are experiencing enormous affordability pressures. I'm also discussing the upcoming BC provincial election and the housing proposals from the Liberals, NDP, and Green Party, including foreign buyer taxes, speculation measures, increased housing supply, and first-time buyer assistance. Meanwhile, employers are struggling to find qualified workers because people can't afford to live near their jobs. This is why I left Vancouver for Merritt, British Columbia! I've got my home, my family, my garden, and a place to lay roots. How long can a city survive when its working families and professionals can no longer afford to live there? Are you considering leaving Vancouver, Toronto, Sydney, Auckland, or another expensive city? Comment below! I want to hear your experiences! Thanks for watching! — Mike Martins #mikemartins #braindrain #housingcrisis #richmondbc #housingcrisis #youngfamilies #vancouver #canadianhousing #livingthedream #housingbubble
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