[Vin]

The age of the high-rise affordable condos have come.....

But Vancouver City policies are still hampering it.

From the above article:

"The challenges we have is still significant demand and very little supply," said Ferreira, blaming a shortage of development sites and long timelines for getting municipal approvals.

Condos are generally cheaper than houses in a market where the benchmark home price is C$931,900 ($711,000). But even some luxury properties have done well