In Vancouver 52.6% of home owners have a mortgage on their home. 28.9% of home owners in Vancouver spend more than 30% of their household income on shelter costs. When it comes to rented homes, 13.9% of the rented homes in Vancouver are subsidized and the remaining 86.1% pay market rent. Subsidized housing is government sponsored economic assistance program aimed towards alleviating housing costs and expenses for people in need with low to moderate incomes. 45.9% of tenants in Vancouver spend over 30% of their household income on shelter costs.
|Homes with a mortgage||52.60%|
|Homes spending more than 30% of household income on the home||28.90%|
|Homes that are subsidized by tax payers||13.90%|
|Rented homes where more than 30% of household income is spent on shelter costs||45.90%|