You can work your a$$ off to make a living in Vancouver. Or you could own a single-family home in the city and earn twice as much by basically doing nothing.
That’s the conclusion of Dr. Jens von Bergmann, a data visualizer with MountainMath, shared with Sophie Lui of Global News.
A select group of lucky Vancouverites made $1 million or more last year by doing nothing.
Bergmann analyzed BC Assessment data for 2016 and found that people who owned single-family homes in the city last year earned double what local residents did by working.
This red ares in the map below shows Vancouver single-family homeowners who made $1 million on their properties last year and parts of Kitsilano made out quite well.
Last modified: January 20, 2017
