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Reasons for high home prices in Vancouver 2018

Which of the following factors do you think are the main causes of high housing prices in Vancouver?

The data displays the opinions of Metro Vancouver residents regarding the reasons for the high home prices in the city in 2018. In that year, 43% of respondents attributed the high housing prices to wealthy people who invested in the Vancouver real estate market.

Foreigners investing in this real estate market	59
Wealthy people investing in this real estate market	43
People want to live in Metro Vancouver because it's a desirable location	35
Condos and houses being left empty by investor-owners	32
Lack of government action on housing	29
Developers aren't building rental housing	20
Low interest rates	18
Lack of housing units/need to build more	16
Lack of available land for new construction	14
Other	8

Reasons for high home prices in Vancouver 2018

StatInvestor