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Yes this is possible but can come with significant challenges. Seems like the biggest affordability gains has come from people moving entire provinces. There's
by Tiktaalik 3y ago
Yes this is possible but can come with significant challenges.
Seems like the biggest affordability gains has come from people moving entire provinces. There's been a huge exodus out of Ontario and into the relatively more affordable Alberta and Nova Scotia.
In general prices of homes in the few medium and small towns in desireable provinces like Ontario and BC have also exploded upwards, so while sure in absolute terms there are "more affordable" homes in other smaller towns, the gap isn't quite so big as one would think. The very low supply of homes in smaller towns have also kept their prices lofty.
IMO Canada in comparison to the USA seems to not have nearly as many medium and smaller cities one could downshift to.
In many parts of Canada it very quickly becomes remote and rural. Outside of the Vancouver there are a handful of small towner but quickly you'll find "towns" so small that the only store in "town" is the combination gas station/liquorstore.
The problem here is 1) low supply of homes 2) few if any services.