Vancouver real estate has hit price highs and it continues to rise over the next few years. Housing prices on the west side of Vancouver have gotten significantly more expensive. Vancouver neighbourhoods among the top 10 most expensive areas in Canada yet the average incomes of Vancouver homeowners are lower than incomes of other cities. According to Business in Vancouver, “a person making $210,000, for instance — wouldn’t be approved for a mortgage to buy a house priced at more than $1 million.” (BIV, 2014) There is a huge discrepancy between the average income and average price of a house; this shows that families and homeowners are now forced to look for other homes outside of Central Vancouver. Contrastingly, houses on the east side of Vancouver have always been significantly lower than prices on the west side. Recently, a house on the east side has broken a record of $2 Million dollars (CBC, 2014); families who cannot afford to live on the west side can’t live on the east side of Vancouver as well because prices have soared. This is causing problems for Vancouver’s real estate because as housing prices rise, more people are forced out of Vancouver into rural areas in the greater Vancouver.